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. …
BLOCKCHAIN
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BusinessCryptocurrencyEconomyFinance & ServicesINVESTMENTNigeriaTechnology
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BusinessCrimeCyber securityFinance & ServicesKenyaNigeriaTechnologyWestern Africa
CBEX Crash: $800 Million Crypto Scam Rocks Nigeria and Kenya
A digital asset platform called CBEX has collapsed, leaving thousands of Nigerians and Kenyans in shock after losing over $800 million in what investigators describe as a well-planned Ponzi scheme. …
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BusinessEconomyEntrepreneurshipFinance & ServicesNigeria
E-finance platform to promote financial literacy among Nigerian youth
A global peer-to-peer finance platform, Paxful, has restated its commitment to promoting financial literacy among Nigerian youth as part of its efforts to drive economic growth in the country. Paxful …
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AfricaBusinessGlobal NewsNewsTechnology
Ethermine, world’s biggest Ether mining firm to shut down after the ‘Merge’
Ethermine, the largest Ethereum mining services provider by computing power, will shut down its servers for miners after the blockchain completes its historic technical upgrade. The news comes on the …
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AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaWestern Africa
US blockchain financing startup PowerDFI acquires Naijacrypto
PowerDFI, a recently founded Wyoming-based Blockchain financial startup, has acquired Naijacrypto, a Nigerian-owned cryptocurrency exchange focused initially on the African markets. Naijacrypto, which recently expanded its offering to include multiple …
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AfricaBinanceCryptocurrencyEducationNigeriaWestern Africa
Binance takes blockchain education to northern Nigeria
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has collaborated with Edubox Global, a leading platform facilitating opportunities for the education of Africans, to launch a crypto education tour …
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AfricaBusinessCryptocurrencyTechnologyWestern Africa
Zhao visits West Africa, donates funds for community education workshops
The Founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, Changpeng Zhao, recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across …
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The Nigerian bourse, Nigeria Exchange Limited, will in 2023 begin the use of blockchain technology for settling trade across its platform in a bid draw young investors, CEO Temi Popoola said, …