Nigeria

Boko Haram Uses Cryptocurrency to Evade Nigeria’s Terrorism Crackdown

Boko Haram has increasingly used cryptocurrencies and digital finance to transfer millions in illicit funds.About one-third of Nigerians rely on digital currencies for daily...

Nigerians Weigh Cryptocurrency Investments Against Traditional Savings

Nigerians are weighing cryptocurrency investment against traditional savings options amid a changing financial landscape. Many view digital currencies as a potential hedge against...

Nigeria Remains Open to Crypto Firms Despite $80bn Binance Lawsuit

Nigeria's government maintains openness to crypto companies despite pursuing an $80 billion lawsuit against Binance.Information Minister Mohammed Idris clarified the lawsuit aims to strengthen...

Nigeria Unveils Tax Framework for Crypto Markets, Pursues $81.5 Billion from Binance

Nigeria pursues $81.5 billion from Binance in damages and back taxes amid increased cryptocurrency regulation efforts. The Securities and Exchange Commission is developing new frameworks...

Bitcoin Soars in Nigeria as National Currency Plunges to Historic Lows

Nigerian Naira hits new low at ₦1,711.774 against USD as dollar liquidity drops 72% to $81M Bitcoin approaches global ATH of $73,737, already reaching N121M...

Binance Executive’s Health Crisis in Nigerian Prison

Tigran Gambaryan, a top executive at Binance, is seriously ill in Kuje Correctional Centre.Lawyers request his transfer to Nizamiye Hospital for better medical care.The...

Nigeria Revisits Crypto Clampdown Amid Currency Crisis

The Nigerian government is cracking down on cryptocurrency and unregistered forex traders.New regulations aim to ban peer-to-peer (P2P) crypto exchanges using the naira.Despite previous...

Binance Requests Nigerians to Withdraw Naira Assets as Services Cease in Nigeria

Binance advises Nigerian traders to withdraw all NGN assets as it discontinues services in the country following alleged currency manipulation accusations.The Nigerian government has...

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Ripple Applies for US Banking License, Seeks Fed Master Account

Ripple Labs is seeking a national banking license in the United States from the Office of the Comptroller of...

Radix Launches Early Test for 1 Billion XRD DeFi Rewards Campaign

Radix will run a public test of its new DeFi rewards campaign from July 7 to July 13.The test...

Investors Pump $380M into Four Surging DeFi Protocols in June

Four emerging DeFi projects saw a combined inflow of over $380 million in...

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