Anjola Femi, a Nigerian man who received $14k (roughly N21 million) by mistake from a foreign cryptocurrency trader, has explained why he decided to return the money. The episode, which occurred on social media, received international
Nigerian artist Davido has responded to the growing worries of his fans regarding $Davido coins, a cryptocurrency project associated with him. After some fans claimed to have suffered financial losses from investing in the token,
A 21-year-old Nigerian guy allegedly killed himself after losing the money he put in cryptocurrencies. The deceased has been identified as Lucky, and the event took place in Port Harcourt, the capital of Rivers state.
Atom Asset Exchange (AAX) a global fintech company, on Saturday, November 12, 2022, announced it would be suspending crypto withdrawals over massive withdrawals. Some of its customers in Nigeria who have invested millions did not
The Securities and Exchange Commission says it is working with the Central Bank of Nigeria to understand better and regulate cryptocurrencies. Lamido Yuguda, The Director General said this at the 2021 first post-Capital Market Committee
The Central Bank of Nigeria (CBN) has declared that there was no time the bank banned the activities of Cryptocurrencies in the country. This declaration was made by the governor of the apex bank, Godwin
Just In: Bitcoin Breaks Through $50,000 for First Time. According to Trade report for Tuesday, 16th February disclosed an encouraging rise of Bitcoin above $50,000. This was the first time such a rise is witnessed.
We Want to Regulate and Not Ban Cryptocurrency – SEC. The Securities and Exchange Commission (SEC) said it has suspended the admittance of affected persons into its Regulatory Incubation Framework for Fintech firms. Recall
Senate Summons CBN Governor over Cryptocurrency Ban. On Thursday, The Senate directed the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to appear before its Committees on Banking, Insurance and Other Financial Institutions,
As Nigeria Ban Bitcoin, Mastercard Adopts It as Payment Option. The Mastercard has revealed that it will begin to accept Bitcoin, Dogecoin and other cryptocurrencies on its network in 2021. This was made known in
How To Bypass CBN’s Restriction on Crypto Trading – Experts. The Cryptocurrency operators in Nigeria are preparing for life after a draconian crackdown on the novel cybercash trading by the Nigerian government. Recall that the