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EFCC calls for 300% budget increase to combat crypto fraud, financial crime surge

The Economic and Financial Crimes Commission (EFCC) is urging the Nigerian government to approve a 300% increase in its annual budget to strengthen efforts...
Business

SEC Grants Two Digital Exchanges ‘Approval-in-Principle’

The Securities and Exchange Commission has granted two Digital Assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program, ARIP.The companies granted...
Business

Crypto Theft Surges: Traders lose $1.4bn to hackers in H1 2024

Cryptocurrency traders, worldwide, lost $1.4 billion to hackers in the first half of this year, according to analysts at the cryptocurrency analytics company TRM...
Entertainment

Why I Returned $14k Worth of Crypto Sent to Me by Foreign Crypto Trader – Femi Opens Up

Anjola Femi, a Nigerian man who received $14k (roughly N21 million) by mistake from a foreign cryptocurrency trader, has explained why he decided to return...
News

Tapswap: Real truth you should know about the rave of the moment

The Nigerian internet space has been set agog by a new telegram-based crypto mining project, TapswapLegit.ng reports that Tapswap promises financial returns — just...
Business

What Binance said about recent allegations against Nigeria officials

Binance has refuted the claim that it specified any amount in its blog post about Nigerian officials allegedly demanding paymentThe company revealed that it...
Business

What FG said about Binance bribery allegations against officials

The CEO of the cryptocurrency platform, Richard Teng, has alleged that Nigerian government officials demanded a bribe to settle its caseTeng disclosed in a...
Politics

Ribadu's office in $150m bribe saga: PDP chieftain asks Binance for 1 thing

A PDP chieftain and former presidential aide, Reno Omokri, has condemned the allegation by Binance that officials in NSA Nuhu Ribadu's office demanded bribe...
Business

SEC to delist naira from P2P platforms in crypto crackdown

By: Babajide OkeowoIn its continued crackdown against cryptocurrency platforms and a bid to checkmate the manipulation of the local currency value in the foreign...
Business

NSA vs Binance: How Ribadu's fight against cryptocurrency company helped naira against dollar

Reno Omokri, a chieftain of the PDP, has explained that the naira began to gain its feat the moment Binance, a global cryptocurrency company,...
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