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NIGERIAN NEWS
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Nigeria’s Crypto Market Nears $100bn as Regulators Step Up Oversight

By Oyewole Edward | March 19, 2026 Nigeria’s digital asset market is approaching a major milestone, with total cryptocurrency transaction volume estimated at nearly $100 billion. The figure highlights the...
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Nigeria Leads Global Stablecoin Adoption

By Oyewole Edward | March 18, 2026 Nigeria’s leading role with USDT and USDC. Recent research puts Nigeria at the top of the global rankings for stablecoin ownership, especially for...
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Nigeria SEC Raises Capital Requirements for VASPs, Reshaping the Crypto Industry

Nigeria SEC Raises Capital Requirements for VASPs, Reshaping the Crypto Industry   Nigeria’s Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for capital market...
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Nigeria Sets Its Sights on Resilient Digital Infrastructure, Not Just Catching Up

  At GITEX Nigeria 2025 held in Lagos, Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, delivered a compelling address underscoring the nation’s need to build a resilient global...
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Nigeria Sues Binance for $81.5 Billion Over Alleged Economic Losses and Unpaid Taxes

The Nigerian government has taken legal action against Binance, the world’s largest cryptocurrency exchange by trade volume, seeking a staggering $81.5 billion in damages and back taxes. This move marks...
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Nigeria’s SEC Tightens Crypto Regulations: Only the Best Will Qualify, Says Director-General

The Securities and Exchange Commission (SEC) of Nigeria has indicated that not all cryptocurrency companies seeking registration will meet the necessary requirements for approval. Dr. Emotimi Agama, SEC’s Director-General, conveyed...
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Nigerian SEC Proposes New Regulations for Crypto Influencers: Violators Face Up to 3 Years in Jail

The Nigerian Securities and Exchange Commission (SEC) has introduced a proposed regulation targeting cryptocurrency influencers who promote fraudulent crypto projects. Under the new rule, all cryptocurrency platforms and Virtual Asset...
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EFCC Secures Court Order to Freeze Over N548 Million ( $342500 ) from Crypto Users on ByBit, KuCoin Amid Naira Devaluation Concerns

According to nairametrics report, Nigeria’s Economic and Financial Crimes Commission (EFCC) has obtained a Federal High Court order to freeze N548.6 million held in bank accounts linked to suspected crypto...
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SEC Set to Enforce Regulations on Unregistered Crypto Exchanges in Nigeria

The Nigeria’s Securities and Exchange Commission (SEC) has announced its intention to begin enforcement actions against individuals and business entities, including cryptocurrency exchanges, that operate outside its regulatory framework according...
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Nigerian Government Refutes U.S. Lawmakers’ Claims on Binance Executive’s Health in Detention

The Federal Government of Nigeria has dismissed allegations by United States lawmakers concerning the health and prison conditions of Tigran Gambaryan, a Binance executive detained in Nigeria. Gambaryan is currently...
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