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Latest cryptocurrency news and articles about nigeria. Stay updated with developments, analysis, and insights.

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CZ Highlights Gambaryan Detention in Nigeria as Trump, US War Secretary Call for Action

CZ Highlights Gambaryan Detention in Nigeria as Trump, US War Secretary Call for Action

CZ reminded that Nigeria detained ex‑Binance employee Tigran Gambaryan, responding to Trump and War Secretary Hegseth. Binance founder Changpeng Zhao (CZ) tweeted that “Nigeria also basically kidnappe...

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1 min
Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment

Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment

The head of a Nigerian regulatory body warns that widespread gambling and crypto trading are diverting funds from the capital markets, undermining efforts to finance the country’s $150 billion infrast...

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1 min
Nigeria Forms Working Group to Explore Stablecoin Adoption

Nigeria Forms Working Group to Explore Stablecoin Adoption

The Nigerian government has reportedly formed a working group to explore the adoption of stablecoins. The New Stance on Digital Assets The Nigerian Federal Government has reportedly formed a working g...

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1 min
Is Nigeria’s eNaira Dead? CBN Forms New Task Force for Official Stablecoin

Is Nigeria’s eNaira Dead? CBN Forms New Task Force for Official Stablecoin

Nigeria’s central bank has formed a new task force to explore the adoption of stablecoins, raising questions over the future of the country’s digital currency, the eNaira. Central Bank of Nigeria (CBN...

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1 min
Nigeria plans to set up working groups on stablecoin adoption

Nigeria plans to set up working groups on stablecoin adoption

Nigeria has established a working group to explore the possible adoption of stablecoins as part of ongoing efforts to support innovation in the financial sector. According to Olayemi Cardoso, governor...

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1 min
Nigeria Unveils 15% Crypto Gains Tax, But Experts Decry Lack of Clear Regulation

Nigeria Unveils 15% Crypto Gains Tax, But Experts Decry Lack of Clear Regulation

The Nigerian government will implement a new tax regime for cryptocurrency profits, effective January 2026. Some industry experts are questioning the timing and effectiveness of the tax but others see...

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1 min
Nigerian Central Bank and SEC Collaborate on Digital Currency Framework

Nigerian Central Bank and SEC Collaborate on Digital Currency Framework

Nigerian Central Bank Governor Olayemi Cardoso announced collaboration with the Securities and Exchange Commission (SEC) of Nigeria to create a sustainable digital currency framework. Collaboration on...

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1 min
Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Afri...

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1 min