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Nigeria files $81.5B lawsuit against Binance, Coinbase execs in legal trouble: Law Decoded
24.2.2025
The Nigerian government alleged that Binance caused economic damages after crashing the country’s fiat currency
Nigeria Sues Binance for $81.5 Billion in Economic Losses and Back Taxes
20.2.2025
Nigeria Sues Binance for $81.5 Billion in Economic Losses and Back Taxes
Binance Faces Massive $81.5 Billion Lawsuit From Nigerian Government
19.2.2025
Nigeria has sued Binance for $81.5 billion for running an unlicensed operation and tax evasion. Nigeria Demands Binance Pay for Economic Harm The Nigerian government has reportedly filed a lawsuit against Binance, seeking $79.5 billion in compensation for “economic losses” and...
Nigeria files $81.5B lawsuit against Binance exchange: Report
19.2.2025
According to Nairametrics, Nigeria’s total money supply (M2) increased 17% year-over-year in January 2025, diluting the currency’s value
Nigeria Eyes Crypto Tax Revenue
19.2.2025
Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has announced it is working to bring...
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Nigeria to tax cryptocurrency transactions for revenue boost
18.2.2025
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue
Binance vs. Nigeria: Tigran Gambaryan Denies Allegations of Spiriting $26 Billion Out of African Country
15.2.2025
On Valentine’s day, Tigran Gambaryan reiterated claims that rogue Nigerian lawmakers demanded a $150 million bribe in exchange for dropping the case against the cryptocurrency exchange. Fake Meeting Tigran Gambaryan, head of financial crime compliance at Binance, has reiterated the claim that...
Nigeria Embraces Blockchain: SEC Director General Sees Huge Potential for Capital Market Regulation
8.2.2025
The director general of the Nigerian Securities and Exchange Commission (SEC) has praised blockchain technology for its potential to improve efficiency and aid in capital market regulation. Blockchain Solutions for Africa’s Challenges Emomotimi Agama, director general of the Nigerian...
New Stablecoin Aims to Bring Regulatory Compliance to Nigeria’s Digital Economy
8.2.2025
A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software...
Nigerian Fintech Moniepoint Secures Over $10m Investment From Visa, Eyes Expansion in Africa
30.1.2025
Visa has invested over $10 million in African fintech Moniepoint, joining its Series C funding round, which now exceeds $120 million. Moniepoint provides banking, credit, and payment services to businesses and individuals in Africa. The investment aims to drive financial inclusion and support...
Nigeria Approves First Dedicated AI University in Africa
20.1.2025
Nigeria is set to launch Africa’s first dedicated artificial intelligence (AI) university, Wini Institution, in Epe, Lagos. This ambitious project aims to equip young Nigerians with cutting-edge AI skills, fostering a thriving tech ecosystem and positioning Nigeria as a global leader in...
Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection
9.1.2025
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that...
Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal
28.12.2024
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between...
Nigerian SEC tightens crypto marketing rules
19.12.2024
The SEC’s new rules on digital asset promotions aim to “curb the menace” of social media influencers promoting unregulated crypto products
Nigerian SEC tightens crypto marketing rules
19.12.2024
The SEC’s new rules on digital asset promotions aim to “curb the menace” of social media influencers promoting unregulated crypto products