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NIGERIAN NEWS

Binance Executive Escapes Custody in Nigeria Amid Tax Evasion Allegations

Nadeem Anjarwalla, one of the Binance executives detained in Nigeria over accusations of tax evasion and other offenses, has allegedly made a daring escape from custody, throwing authorities into a...
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Nigeria’s SEC Proposes Stricter Capital Requirements for Crypto Exchanges

In a bid to fortify oversight and enhance risk management within Nigeria’s rapidly expanding cryptocurrency sector, the Securities and Exchange Commission (SEC) has unveiled a proposal to significantly raise the...
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Nigeria’s Largest Blockchain Innovation Hub Launched in Lagos, NITDA DG Represented at the Event

Yesterday Saturday 9th of March 2024, marked a significant milestone for the crypto and Blockchain sector in Nigeria, as the curtains were lifted on the largest Blockchain hub in Lagos,...
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Global Cryptocurrency Giant Binance Denies $10 Billion Fine Negotiations with Nigerian Government Amid Regulatory Dispute, Faces Accusations of Economic Sabotage

Binance Holdings Ltd has refuted claims of engaging in discussions with the Nigerian government regarding potential fines amounting to $10 billion. The contradiction comes in response to a statement made...
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Nigeria Hits Binance with $10 Billion Penalty Amid Forex Crisis Allegations

The Nigerian federal government has wielded its regulatory hammer, imposing a staggering $10 billion fine on the cryptocurrency trading giant Binance according to reports. The punitive measure comes amidst allegations...
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Binance Excludes Nigerian Naira from P2P Feature Amid Concerns Over CBN Clampdown

On Wednesday, the cryptocurrency trading giant Binance made a significant move by excluding the Nigerian Naira from its peer-to-peer (P2P) trading platform. This decision has sparked concerns among Nigerian users...
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Nigerian Central Bank Governor Reveals $26 Billion Flow Through Binance

In a recent report, Olayemi Cardoso, Governor of the Central Bank of Nigeria, revealed staggering figures indicating that over $26 billion has been channeled through the popular cryptocurrency platform, Binance,...
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Nathaniel Luz Comments on Nigerian Authorities’ Crackdown on Crypto Traders and OTC Exchanges Amid Naira Depreciation

In the midst of Nigeria’s government crackdown on crypto OTC traders, Nathaniel Luz, CEO of Flincap, has expressed strong opposition to the move, attributing the falling value of the naira...
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Binance Implements Price Cap on USDT Trading in Nigeria Amid Regulatory Pressure

In response to regulatory pressure from Nigerian authorities, Binance, one of the world’s leading cryptocurrency exchanges, has enforced a limit on the selling price of Tether (USDT) tokens on its...
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CoinNewsExtra Chronicles Nigeria’s Blockchain and Fintech Evolution in Groundbreaking Documentary Series

CoinNewsExtra, a pioneering media outlet in Nigeria’s emerging tech landscape, announces an ambitious endeavor to encapsulate Nigeria’s remarkable journey in Blockchain and Fintech through a captivating documentary series. In recent...
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Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin70,082 0.19 % 0.60 % 9.09 %
Ethereum3,543.1 0.35 % 0.66 % 4.47 %
Tether1.001 0.07 % 0.14 % 0.38 %
BNB617.58 0.00 % 5.99 % 9.04 %
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