Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto
While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front…
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crypto Nigeria
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Nigerian Blockchain Group Ousts President, Who Remains Defiant
The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal…
Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts
A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like…
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians.…
Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments
The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment…
Nigerian Civil Society Groups Praise Crypto Tax Proposal
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal…
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS)…
Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody
The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to a controversial…
Nigerian Witness Says Binance Users Operate Under False Identities
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of…
Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July…