In a landmark move for the Nigerian crypto industry, President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, officially acknowledging cryptocurrencies as an asset class. […]
Nigeria Legalizes Crypto: Officially Recognizes Assets as Securities
Nigeria has taken a decisive step toward regulating its crypto industry by officially recognizing digital assets as securities under the new Investments and Securities Act (ISA) 2025, signed […]
Equinix Opens New Data Center Expansion in Lagos: Boosting Nigeria’s Digital Economy
Equinix has inaugurated its latest data center expansion in Lagos, designated LG2.3, marking a significant step forward for Nigeria’s digital transformation efforts. This new facility will provide advanced […]
Yahoo School Raid: Police Arrest Cybercriminals, Rescue Underage Trainee
The Lagos State Police have dismantled a notorious cybercrime operation known as a ‘Yahoo School’, arresting four experienced fraudsters and six trainees, including an underage boy of just […]
Nigeria’s Crypto Market Soars: New Laws Drive $59 Billion Growth
Nigeria’s crypto market experienced remarkable growth, surpassing $59 billion in trades between July 2023 and June 2024. This surge is fueled by a combination of rising investor confidence […]
Nigerian SEC Enforces Tough Penalties on Ponzi Scheme Promoters
The Nigerian Securities and Exchange Commission (SEC) has announced a significant change in the fight against Ponzi schemes, thanks to the recently enacted Investment and Securities Act (ISA) […]
Nigeria’s Crypto Market Booms, Reaching $59 Billion in Transactions
Nigeria has emerged as Africa’s largest crypto market, recording a staggering $59 billion worth of cryptocurrency transactions in the past year. This rise can be attributed to several […]
Unlocking AI Potential: How Nigerian Financial Institutions Can Drive Innovation
Nigeria is poised to become a global leader in artificial intelligence (AI) thanks to its large population, young, tech-savvy citizens, and vast potential for digital innovation. However, despite […]
Binance Faces $81.5B Lawsuit in Nigeria: Crypto Exchange Under Fire
The Nigerian government has escalated its legal conflict with Binance, the world’s largest cryptocurrency exchange. Officials are demanding a staggering $81.5 billion in damages, accusing Binance of tax […]
Binance Sued for $81.5B Over Tax Evasion & Naira Depreciation: Nigerian Government Demands Action
Nigeria is escalating its legal dispute with Binance, the world’s largest cryptocurrency exchange. The Nigerian government is seeking a staggering $81.5 billion in damages, accusing Binance of tax […]
Binance Faces $81.5 Billion Lawsuit in Nigeria: A Major Turning Point in Crypto Regulation
Nigeria is escalating its legal confrontation with Binance, the world’s largest cryptocurrency exchange. The Nigerian government has filed a lawsuit seeking $81.5 billion in damages, accusing Binance of […]
Binance Faces $81 Billion Lawsuit in Nigeria: A Breakdown
Nigeria has escalated its legal dispute with Binance, the world’s leading cryptocurrency exchange. The Nigerian government is demanding $81.5 billion in damages, accusing Binance of tax evasion and […]
Why Nigeria Needs Decentralized Finance: A Case for Blockchain Innovation
The rise of decentralized systems has revolutionized efficiency and transparency in industries, particularly finance. However, a common misconception about these systems is that they lack regulation, which limits […]
Nigeria Integrates AI into School System for 6,000 Teachers
The Federal Government of Nigeria is launching an initiative to integrate artificial intelligence (AI) into the education system by training 6,000 senior secondary school teachers nationwide. This program, […]
FCCPC Investigates Multichoice Price Hike, Calls CEO for Hearing
The Federal Competition and Consumer Protection Commission (FCCPC) has initiated an investigation into MultiChoice’s plan to increase DStv and GOtv subscription fees by 21% effective March 1, 2025. […]