22 results
- 13 Aug 2025
SEC Partners Chainalysis to Tackle Rising Crypto Scams
A surge in cryptocurrency fraud has prompted the Securities and Exchange Commission (SEC) to strengthen its monitoring measures. The regulator has partnered with blockchain analytics firm Chainalysis…
- 28 Oct 2024
Despite Crackdown, $59Bn Cryptocurrency Flow into Nigeria in 12 Months- Report
The latest report from blockchain analytics firm Chainalysis has placed Nigeria in the second spot on the list of countries leading crypto adoption globally, having received approximately $59 billion…
- 18 Jan 2026
How Crypto Criminals Stole $700m from People – often Using Age-Old Tricks
There's something uniquely agonising about having your cryptocurrency stolen. All transactions are recorded in a digital ledger, known as a blockchain, so even if someone takes your money and puts it…
- 24 Dec 2023
CBN Issues Circular Reversing 2021 Bitcoin Ban
Central Bank of Nigeria (CBN) at the weekend issued a circular to all banks and Financial Institutions that lifted its ban on bitcoin and outlined new guidelines for Virtual Asset Service Providers…
- 15 Dec 2023
IMF Seeks Stronger Cryptocurrency Regulation for Macro-financial Stability
The International Monetary Fund (IMF) has warned that the widespread adoption of cryptocurrencies could undermine and pose serious consequences for the macro-financial stability of countries. The…
- 27 Oct 2023
Driven by Massive Inflation, Bitcoin Hits N27m in Nigeria
Massive inflation and sliding purchasing power of the Naira, Nigeria’s currency has boosted demand for Bitcoin which rocketed to $35,000 for the first time since May 2022. As of Friday morning,…
- 29 Apr 2024
Nigerians Trust Bitcoin for Financial Security than Sanks – Report
Nigerians have more trust in Bitcoin-based systems than in traditional alternatives such as banks and government, a new report by Elastos, an open-source blockchain website, has stated. According to…
- 8 May 2024
Binance Alleges Request of $150m Bribe by Some Nigerian Officials
Tigran Gambaryan, a compliance officer for Binance Holdings Ltd, giant cryptocurrency exchange, has alleged that the company was given 48 hours to make a payment of roughly $150 million in crypto to…
- 26 Jun 2024
SEC Gives Crypto Firms 30 Days to Register or Face Sanctions
Securities and Exchange Commission (SEC) has given cryptocurrency exchanges and digital assets traders 30 days to re-register their businesses—or risk facing enforcement actions. This announcement is…
- 16 Jul 2024
SEC to Introduce Weekly Cryptocurrency Transaction Monitoring
Securities and Exchange Commission (SEC) has announced new measures to oversee the cryptocurrency sector to combat financial crime. This move addresses a growing market while posing challenges for…
- 27 Aug 2024
SEC Issues First License to Quidax, Local Crypto Exchange
Securities and Exchange Commission (SEC) has issued Quidax, an Africa-based crypto exchange, its first provisional operating license. The development signals the beginning of formal recognition and…
- 18 Feb 2025
SEC to Tax Cryptocurrency Transactions in Nigeria with New Rules
The Securities and Exchange Commission (SEC), is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue, according to a Feb. 18…
- 15 May 2025
Cyberattack Could Cost it Up to $400m - Coinbase
Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday. The…
- 3 Feb 2026
Corporate Comms in the Age of Crypto: Why Nigeria’s Digital Finance Future Depends on Trust
By John Kokome By the time you finish reading this article, the price of Bitcoin may have changed twice. That is the nature of cryptocurrency, fast, volatile, and borderless. Yet beyond price charts…
- 24 Apr 2026
US Freezes $344m in Crypto Linked to Iran in Major Crackdown
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran , marking a sharp escalation in financial pressure on Tehran. The move comes amid stalled…
- 17 Jun 2026
IMF Warns of New Risks for Monetary Policy over $59Bn Crypto Inflows into Nigeria
The International Monetary Fund (IMF) has warned that the rapid expansion of stablecoin usage in Nigeria could significantly weaken demand for the naira and reduce the effectiveness of domestic…
- 23 Sept 2021
LCCI President, Others Seek Adoption of Blockchain Technology to Drive Business, Regulatory
Mrs. Toki Mabogunje, president, Lagos Chamber of Commerce & Industry, LCCI, has urged Nigerians in private and public sectors to adoption Blockchain innovations to drive business, regulatory and…
- 13 Jul 2026
Nigerians Accumulate $59Bn in Cryptocurrency Assets —FDC
Financial Derivatives Company (FDC) Limited, a premier economic think-tank and financial advisory firm, led by Bismarck Rewane, has reported that Nigerians have accumulated an estimated $59 billion…
- 28 Sept 2021
Yellow Card Secures $15m Funding
Pan-African cryptocurrency exchange, Yellow Card, has announced a US$15m Series A that the company says will be used to ramp up hiring and continue its expansion across the continent. The round was…
- 22 Apr 2022
Binance Recovers $5.8m from Lazarus Group, North Korean Cryptocurrency Hackers
Changpeng Zhao, founder of Binance, on Friday, said the cryptocurrency exchange had recovered some funds stolen by the Lazarus Group, North Korean hackers. Zhao revealed that the DPRK Group used…
- 21 Jun 2022
Paxful says Nigerians Double Bitcoin Transactions in May
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the Central Bank of Nigeria’s restrictions on cryptocurrency…
- 25 Sept 2022
Cassava Network Brings AfriMyth Avatars to Millions of Web3 Users in Africa
Cassava Network, a Web3 rewards infrastructure protocol, has launched the first version of their Web3 DApp alongside their AfriMyth Avatar collection. The Avatars, inspired by pan-African mythology,…