UK Govt Unveils Plans To Regulate Cryptocurrency In 2027
Britain has announced that it will formally bring cryptocurrency companies under the purview of its financial regulations by 2027, in a sweeping...
cryptocurrency
Bitcoin Crashes, Raises Fear Of Wider Market Sell-Off
World’s largest cryptocurrency, Bitcoin, plunged below $90,000 on Tuesday, November 18, 2025, for the first time in seven months. Naija News reports...
Reps Move To Regulate Cryptocurrency, POS Operations In Nigeria
The House of Representatives has constituted an Ad-hoc Committee to examine the regulatory and security implications of cryptocurrency adoption and Point-of-Sale (PoS)...
Tinubu Orders Tighter Surveillance Of Cryptocurrency Transactions
President Bola Ahmed Tinubu has directed the Central Bank of Nigeria (CBN) and other financial regulators to intensify monitoring of cryptocurrency and...
Why We’re Regulating Cryptocurrency – FG
The Federal Government has said it recognized the potential of the crypto market and the empowerment it gives to citizens. Naija News...
We Didn’t License Marino To Trade Cryptocurrency – SEC
The Securities and Exchange Commission (SEC) has alerted Nigerians against relying on Marino Limited for cryptocurrency trading. SEC, in a statement, on...
The Impact Of Cryptocurrencies On The Nigerian Economy
Cryptocurrencies have increasingly gained traction in Nigeria, with citizens and businesses adopting them for various purposes. From remittances to digital transactions, the...
Gombe Teaching Hospital Bans Cryptocurrency Trading During Work Hours
The Federal Teaching Hospital in Gombe State has issued a directive prohibiting its staff members from engaging in cryptocurrency trading during work...
Binance Money Laundering Case To Resume Next Week
The Federal High Court is set to conduct a hearing next week regarding the money laundering allegations against the cryptocurrency exchange –...
FG Moves To Introduce New Tax Law
The executive chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has disclosed the Federal Government’s intentions to enact a new...
Crypto Exchange, OKX Shuts Down Operations In Nigeria
Cryptocurrency exchange, OKX has announced it will cease operations in Nigeria due to recent changes in local laws and regulations. In a...
Nigeria’s Cryptocurrency Market Estimated At Over $400 Million SEC DG
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, revealed yesterday that Nigeria’s cryptocurrency market is estimated to be...
OPay Restricts Cryptocurrency, Virtual Assets Trading On Its Platform
The financial technology firm, OPay, has once again emphasized its strict ban on cryptocurrency and virtual asset trading on its platforms. The...
It Was An Ambush, We Never Mentioned Bribe – Binance Sheds More Light On Recent Allegation Involving Nigerian Officials
Binance has stood by its claim that some Nigerian officials demanded certain amount of money from them to make its case with...
Nigerian Govt Set To Delist Naira From ‘P2P’ Platforms
The federal government has announced its decision to remove the Naira from all peer-to-peer (P2P) exchanges. The Director General of the Securities...
$57 Billion Crypto Enterprises Face Tough Regulations In FG’s Operation To Salvage Naira
In light of a pivotal meeting scheduled for Monday between the Securities and Exchange Commission and digital asset operators, the Federal Government...
‘CBN Bans Moniepoint, Opay, Kuda, Others From Taking New Customers’
The Central Bank of Nigeria (CBN) has reportedly barred some online microfinance banks from opening new accounts and accepting new customers. Naija...
CBN Speaks On Ordering Banks To Ban Accounts Of Customers Dealing In Cryptocurrencies
The Central Bank of Nigeria (CBN) has denied issuing a fresh directive to Deposit Money Banks, Non-bank Financial Institutions and other Financial...
EFCC Freezes Over 300 Crypto Accounts After Binance Ban
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the agency has frozen about 300 accounts...
Top Ten Crypto Billionaires In 2024
The cryptocurrency market has witnessed a significant resurgence, with Bitcoin leading the charge, its value more than doubling over the past year....