digital assets
EFCC, SEC Vow to Recover Funds Lost in CBEX Ponzi Scheme Collapse
Following the collapse of the digital assets platform CBEX, the Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC)...
SEC Warns Against Unregistered Crypto Platforms Amid CBEX Concerns
The Securities and Exchange Commission (SEC) has issued a stark warning to Nigerian investors, cautioning against the use of unregistered digital asset trading...
Nigeria Eyes Crypto Boom: SEC, GIA Partner to Attract Youth, Diaspora Investors
Nigeria is actively pursuing the expansion of its digital asset market. The Securities and Exchange Commission (SEC) has announced a strategic partnership with...
Nigeria’s Capital Market Surges as Banks Raise N2.4trn Amid Recapitalisation
The Nigerian capital market has demonstrated significant strength and resilience, facilitating the raising of approximately N2.4 trillion by banks since the commencement of...
Updated: Cryptocurrencies Now Securities, Ushering in New Era of Regulation and Investment
President Bola Tinubu has signed the Investments and Securities Act (ISA) 2024 into law, officially classifying cryptocurrencies and other virtual assets as securities....
Crypto Market Surges Amid Tariff Jitters; Bitcoin Eyes $90,000 Milestone
In a striking display of investor resilience, the cryptocurrency market witnessed a substantial rally in early Monday trading, defying prevailing economic uncertainties. Bitcoin,...
Trump Establishes Strategic Bitcoin Reserve, Sparks Market Jitters and Ethical Concerns
President Donald Trump signed an executive order Thursday establishing a strategic bitcoin reserve for the U.S. government, a move that comes on the...
SEC Charts Course for Cryptocurrency Taxation, Aiming to Boost Government Revenue
The Securities and Exchange Commission (SEC) is developing new regulations to incorporate cryptocurrency transactions into the official tax system, marking a dramatic transformation...