The Nigerian Securities and Exchange Commission (SEC) has announced that cryptocurrencies and other digital assets are now officially classified as securities under the new Investments and Securities Act (ISA) 2025. …
Cryptocurrency
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BusinessCryptocurrencyEconomyFinance & ServicesINVESTMENTNigeriaTechnology
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AFRICA NEWSCryptocurrencyFinance & ServicesINVESTMENTNigeriaWestern Africa
SEC Warns Nigerians Against Investing in Unregistered Crypto Platform, Tofro.com
The Securities and Exchange Commission (SEC) has issued a public warning against an online cryptocurrency trading platform, Tofro.com, labelling it as unregistered and potentially fraudulent. The commission described the platform’s …
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AfricaBusinessBusiness and EconomyCrimeCryptocurrencyCyber securityNigeriaTechnologyWestern Africa
SEC Warns Celebrities, Influencers Over Promotion of Meme Coins, Illegal Crypto Platforms
ABUJA — The Securities and Exchange Commission (SEC) has cautioned Nigerian celebrities and social media influencers against promoting digital asset platforms and meme coins that are not registered or licensed. …
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CryptocurrencyEconomyEducationTechnology
Nigerian Tech Innovator Hanu Fejiro Trains Youths on Crypto for Free
A young Nigerian tech entrepreneur, Hanu Fejiro, has launched a free online training programme to teach Nigerian youths about cryptocurrency, blockchain, and decentralised finance (DeFi). The aim of the programme …
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AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
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Banking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesCryptocurrencyFinance & ServicesNigeriaTechnology
Nigeria Set to Legalize Cryptocurrency Use While Strengthening Risk Controls
Nigeria is set to redefine its stance on digital assets. A new legislative bill will soon legalize cryptocurrency operations while addressing financial risk concerns. The proposed law aims to regulate …
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CryptocurrencyNigeriaTechnology
Nigerian Firm Develops Naira-Based Stablecoin for Asset Tokenization
A Nigerian fintech firm, ProsperaVest ESG Ltd, has introduced eNsc, a stablecoin pegged 1:1 to the Nigerian Naira and built on the Lisk 2.0 blockchain. The digital asset is designed …
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AfricaBanking, Finance & InvestmentBusinessCryptocurrencyNigeriaPress ReleasesUncategorized
Breet Welcomes Balloranking As Its Newest Brand Ambassador
Breet, a leading cryptocurrency exchange platform, is thrilled to announce Balloranking, an Afrobeats sensation, as its official Brand Ambassador. This exciting collaboration, set to run for the next six months, …
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AfricaAFRICA NEWSCryptocurrency
Harnessing Nigeria’s Commodity Trading Potential to Combat Unemployment and Generate Foreign Exchange
by Editorby EditorNigeria’s agricultural sector, once the backbone of its economy before the oil boom, remains a vital contributor to job creation and foreign exchange earnings. Historically, agricultural exports, particularly cocoa, provided …
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AfricaAFRICA NEWSCryptocurrency
German Government Transfers Another $52M in Bitcoin, Threatening More BTC Selling Pressure
by Editorby EditorThe German government has once more grabbed attention in the cryptocurrency realm by selling $52 million worth of Bitcoin from a cryptocurrency wallet officially linked to the government. This action …