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NIGERIAN NEWS
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Nigeria Moves to Streamline Crypto Oversight as President Tinubu Signs Executive Order on Virtual Assets

In a significant policy shift for Africa’s largest digital asset market, Nigerian President Bola Ahmed Tinubu has signed the Presidential Executive Order on the Coordination and Harmonization of Virtual Asset...
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Nigeria SEC Grants Approval-in-Principle to Seven More Crypto Firms, Expanding Regulated Digital Asset Ecosystem

Nigeria’s Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven additional cryptocurrency and digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), further strengthening the country’s regulated...
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Nigerian Banks Raise Salaries as Talent Battle With Fintechs Intensifies

Nigeria’s banking sector significantly increased employee compensation in 2025 as lenders battled inflation, rising migration, and aggressive recruitment from fintech startups. An analysis of the audited financial statements of Access...
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MTN Nigeria Investors Set to Decide on Fintech Business Separation

Shareholders of MTN Nigeria Communications Plc are preparing to vote on a major corporate restructuring that could reshape the company’s future growth strategy. The decision, scheduled for Thursday during its...
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Global Push Against Crypto Crime: Police in Nigeria’s Largest City Train Detectives in Advanced Digital Investigations

The Police Special Fraud Unit (PSFU) in Ikoyi, Nigeria’s largest city, has intensified efforts to combat financial crimes by equipping its detectives with specialized knowledge in cryptocurrency investigations. The training...
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CBN Refutes Polaris Bank Liquidation Rumours, Reaffirms Stability of Financial System

Nigeria’s apex financial regulator, the Central Bank of Nigeria (CBN), has firmly denied circulating claims that Polaris Bank is facing liquidation, emphasizing that the country’s banking sector remains resilient and...
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Paga Founder Tayo Oviosu Steps Into Group CEO Role as Leadership Shake-Up Signals Pan-African Ambitions

Fintech veteran hands over Nigeria operations to Opeyemi Oyinloye while focusing on expansion, AI, and next-generation financial infrastructure Leadership Transition Marks a New Era Tayo Oviosu is stepping away from...
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CBN Launches Crypto Supervision Pilot to Strengthen Oversight of Digital Asset Firms

A New Phase for Crypto Regulation in Nigeria The Central Bank of Nigeria (CBN) has introduced a supervisory pilot program aimed at improving oversight across Nigeria’s digital asset industry. The...
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Flutterwave Secures Nigerian Banking Licence, Marking Major Leap for Digital Finance

Regulatory Approval Signals New Era Nigeria’s leading fintech company, Flutterwave, has reached a major milestone after securing a full banking licence from national regulators. The development is set to significantly...
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EFCC Raises Alarm Over Surge in Crypto-Related Crimes

Nigeria’s leading anti-corruption agencies have sounded the alarm over a sharp rise in financial crimes linked to digital currencies, warning that the rapid expansion of cryptocurrency usage is being exploited...
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