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Tag: Nigeria

Readers Dessert September 16, 2025
  • Bitcoin

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Readers Dessert September 16, 2025
Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March,…
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Readers Dessert June 29, 2025
  • Bitcoin

Experts Warn of Crypto’s Role in Terror Group Boko Haram’s Cross-Border Expansion

Readers Dessert June 29, 2025
Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrencies, mobile money, and other digital tools to fund its operations, transferring millions acquired through ransoms, looting, and extorted “zakat” donations. Observers call…
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Readers Dessert March 31, 2025
  • Bitcoin

SEC Nigeria to Regulate Virtual Asset Service Providers Under New Law

Readers Dessert March 31, 2025
Nigeria has taken a significant step towards regulating cryptocurrencies with the signing of the Nigerian Investments and Securities Act (ISA) 2025 into law. Cryptocurrency Officially Recognized As Asset Class The Nigerian Investments…
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Readers Dessert February 8, 2025
  • Bitcoin

Nigeria Embraces Blockchain: SEC Director General Sees Huge Potential for Capital Market Regulation

Readers Dessert February 8, 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…
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Readers Dessert January 30, 2025
  • Bitcoin

Nigerian Fintech Moniepoint Secures Over $10m Investment From Visa, Eyes Expansion in Africa

Readers Dessert January 30, 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…
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Readers Dessert December 19, 2024
  • Bitcoin

Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria

Readers Dessert December 19, 2024
The Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested 792 suspects involved in crypto romance scams. Scams Traced to Foreign Kingpins The Nigerian anti-graft body, the Economic and Financial Crimes Commission…
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