Digital Assets Can Make Nigeria a Top-Tier Economy
Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.
Category : Search result: cryptocurrency market
Court Dismisses Binance Executive's Detention Suit
A Federal High Court in Abuja dismisses Tigran Gambaryan's rights suit against NSA and EFCC detention. Judge rules it obstructs criminal probe into Binance. Full details inside.
House Committee Warns of Digital Payment Vulnerabilities
A House of Representatives committee reveals alarming cybersecurity gaps in Nigeria's digital payment systems, exposing citizens to fraud and national security risks. Learn how to protect your finances.
Makinde opens 4th ultramodern market in Oyo
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
Nigerian lawmakers investigate rising POS fraud cases
House of Representatives investigates escalating POS fraud reaching N52.26bn. Committee reveals security breaches, cloned terminals, and urgent need for regulatory framework. #POSFraud #FinancialSecurity
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Reps Committee Raises Alarm Over POS Fraud
House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.
Thief Disguised as Delivery Person Steals $11M Crypto
An armed thief, posing as a delivery worker, invaded a San Francisco home, tied up the owner, and stole $11 million in cryptocurrency. Learn about this alarming trend targeting crypto investors.
China's Bitcoin Mining Resurgence Despite Official Ban
Bitcoin mining quietly returns to China despite 2021 ban, accounting for 14% of global activity. Discover how cheap electricity and data center boom fuel this underground resurgence.
Nigerian Stock Market Loses N2.1 Trillion
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
Thief steals $11M crypto posing as delivery person
Armed thief posing as delivery worker tied up San Francisco homeowner and stole $11 million in cryptocurrency. Learn about rising crypto investor crimes.
Breet transforms Nigeria's crypto economy with OTC model
Discover how Breet's OTC platform is overcoming crypto barriers in Africa, driving $205B in transactions. Learn about their mission to make digital assets accessible.
Equities Market Dips N292bn Amid Bearish Trading
Nigerian equities extended losses as market capitalization fell by N292 billion. 38 stocks declined while only 14 gained. Read full analysis of market performance.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
Edo Market Women Protest Planned Eviction
Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.
Bitcoin Drops Below $90K: Market Analysis
Bitcoin value plunges 25% from October peak, falling below $90,000. Discover why investors are fleeing crypto amid trade war fears and Fed uncertainty. Stay informed!
NGX Bearish Run Continues, Investors Lose N110bn
Nigerian stock market extends bearish trend with 0.12% decline as investors lose N110.20 billion. ASI drops to 144,986.51 points amid profit-taking in banking stocks.
AIHN Honors Resilient Nigerian Companies Amid Challenges
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
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Stock Market Dips 1.7% on Tax Jitters
The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.
Bitcoin Drops 5% to $94,483 in Major Sell-Off
Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.
N120m Lost in Kano Market Fire, 44 Shops Destroyed
Massive fire destroys Singa Market in Kano, gutting 44 shops and goods worth millions. Trader Alhaji Salisu Abdullahi loses N120 million. Read full details on the devastating incident.
NGX Gains N1 Trillion as Investor Confidence Soars
The Nigerian stock market closed with a massive N1 trillion gain, driven by strong performances from key blue-chip stocks. Discover the top gainers and market trends.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Chinese Bitcoin Fraudster Jailed 11+ Years in UK
UK court sentences Chinese woman to 11 years, 8 months for massive Bitcoin Ponzi scheme that defrauded 128,000 investors. Learn about this landmark cryptocurrency fraud case.
Cambodia's Prince Group denies $15B scam allegations
Cambodia's Prince Holding Group denies US allegations of running transnational scam empire after $15 billion asset seizures. Company claims innocence amid global crackdown.
N4.64 Trillion Wiped Out in Nigerian Stock Market Crash
Nigerian stock market plunges 5.01%, wiping N4.64 trillion off investor wealth in massive selloff. Key stocks including MTN Nigeria, BUA Cement crash by 10%.
Chinese Bitcoin fraudster jailed 11 years in UK
Zhimin Qian, the 'goddess of wealth', sentenced to 11+ years for massive Bitcoin Ponzi scheme that defrauded 128,000 victims. UK police seized record 61,000 bitcoin worth over £5 billion.
Crypto Millionaire Dismembered in UAE Kidnapping
Russian crypto millionaire Roman Novak and wife Anna were kidnapped and dismembered after being lured by fake investors in Dubai. Three suspects, including ex-detective and Ukraine war veterans, detained.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
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