Man jailed in Lagos for $5,000 crypto fraud
An Ikeja Special Offences Court, on Wednesday, sentenced a 25-year-old man, Babatunde Shittu, to one year in jail for engaging in and benefitting from $5,000...
Weak naira driving Nigerians to crypto, report says
Nigerians are embracing cryptocurrencies more as the naira continues to weaken, a new report says.
Key details to note
The volume of crypto transactions in Nigeria...
Yellow Card, MoonPay partner on crypto accessibility in Nigeria
Yellow Card, an African fintech company, has joined forces with MoonPay, a global leader in the cryptocurrency ecosystem to expand cryptocurrency accessibility in Nigeria.
The...
Nigeria to allow asset-backed tokens, not crypto
The Nigerian government says it is processing applications for digital exchanges that will allow trading in asset-backed tokens. The decision is to extend market...