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Nigerian Authority Freezes $3.3 Million in Crypto Funds Over Alleged Currency Depreciation

Nigerian crypto exchange funds freeze: In a significant development for the cryptocurrency landscape in Nigeria, the Economic and Financial Crimes Commission (EFCC) has.

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Crypto News News

KuCoin To Enforce 7.5% VAT On Nigerian Trades Amid Regulatory Changes

Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax (VAT) on trading fees from its Nigerian users on July 8..

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Crypto News News

Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigeria’s Blockchain Industry

Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned.  Evidence.

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Crypto News News

President Tinubu Meets FBI Director To Combat Crime And Terrorism

President Tinubu met with FBI Director Wray to discuss further collaboration between the Nigerian government and the United States. The president urged close.

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Crypto News News

How “Fake” Nigerian Central Bank Circular Stoked Crypto Ban Fears

A “fake” circular attributed to the Nigerian central bank had sparked panic amongst crypto faithful in the country. The CBN only helped to.

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Crypto News News

Nigerian High Court Ordered Binance To Provide User Data Amidst Allegations Of Criminal Activities

The Nigerian high court has ordered Binance to hand over user data due to allegations of criminal activity. EFCC accuses Binance of money.

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Crypto News News

Nigerian Presidential Adviser, Bayo Onanuga, Calls For Measures Against Binance Crypto Exchange

Bayo Onanuga, a special adviser to the Nigerian president, has called for measures against Binance, blaming it for exacerbating the local currency’s depreciation.

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Crypto News News

Binance Removed Nigerian Naira From P2P Platform Amid Forex Manipulation Concerns

Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer (P2P) platform. Meanwhile, the Financial.

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Crypto News

The Nigerian government funds AI projects with $290K in grants.

The Nigeria Artificial Intelligence Research Scheme, recently introduced, aims to promote the extensive application of AI to drive economic progress. On Friday, October.

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Blockchain News

Over 30,000 Nigerians to Receive Blockchain Education From Governmental Organization

According to reports, the Nigerian government intends to teach more than 30,000 individuals about blockchain technology. The National Information Technology Development Agency (NITDA),.

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