crypto
28 Feb
A man who ran an illegal network of cryptocurrency ATMs was sentenced to four years in prison on Friday, in the first such criminal case in the UK. Such ATMs, which allow users to buy cryptocurrency or convert it into cash, are illegal to operate in the UK without approval from Britain's financial watchdog, the…
28 Feb
Bitcoin and its cryptocurrency peers have slumped in value over recent days as tariff threats from US President Donald Trump and new scandals affecting the sector shake confidence in volatile assets. Bitcoin dived Friday to trade under $80,000 for the first time since November. Its low of $78,225.84 was more than 25 percent off levels…
10 Feb
Nigeria is home to Africa’s largest economy, yet access to essential financial services can be stubbornly elusive in the region.
23 Jan
In a groundbreaking announcement, the CEO of Dantown, Mr. Goodnews Igwe, has revealed that the company will be paying out over ₦100,000,000 in referral commissions in 2025. The crypto-focused fintech, known for its mission to drive financial inclusion and prosperity, is set to reward its users generously for referring new customers. This follows a highly…
31 Dec
Montenegro on Tuesday extradited to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul over
9 Dec
Nigerians have emerged as global frontrunners in understanding and adopting decentralisation, according to Consensys’ newly released Global Survey on Crypto and Web3. The blockchain and Web3 software company behind MetaMask, a leading self-custodial wallet, unveiled the survey conducted by YouGov, which examined perceptions of Web3, blockchain, and cryptocurrencies across 18 countries. The 2024 report builds…
16 Sep
Less than seven weeks to the presidential election in the United States of America, former US President and Republican Party candidate, Donald Trump, has survived two assassination plots against his life. Another attempt was made on Trump's life on Sunday at his golf club in West Palm Beach, Florida, happening barely nine weeks after he…
12 Sep 2024
A report has listed Nigeria as the fourth nation with the most complaints about cryptocurrency in 2023. The annual report on cryptocurrency emanated from the Federal Bureau of Investigation (FBI) Internet Crime Complaint Center (IC3). "In 2023, the Federal Bureau of Investigation (FBI) Internet Crime Complaint Center (IC3) received more than 69,000 complaints from the…
17 Apr 2024
In the ever-evolving landscape of cryptocurrency investments, the strength of diversification cannot be overstated.
11 Apr 2024
Cryptocurrencies are emerging as a transformative force, reshaping the way we perceive and engage with currency in today's rapidly evolving financial landscape. Praise Akinlami, an experienced marketing visionary and CEO of Profitify Consulting based in Abuja, Nigeria, offers insights into the growing significance of cryptocurrencies and their impact on global markets. With a demonstrated track…
Latest
3 mins ago
A bill to amend the Electoral Act No. 13, 2022, to allow for early voting in elections, has passed its second reading in the Nigerian Senate. Sponsored by Senator Abdulaziz Yar'adua (APC-Katsina), the bill aims to enfranchise Nigerians who are unable to vote due to the nature of their duties on election days. Leading the…
13 mins ago
The Economic and Financial Crimes Commission (EFCC) has arraigned a husband and wife, Baba Sule Abubakar Sadiq and Hafsat Kabir Lawal, alongside two others, Abdullahi Bala and Ladani Akindele, before Justice Amina Bello of the Kaduna State High Court for obtaining money by false pretence, money laundering and stealing to the tune of N197 million.…
20 mins ago
The Chief Magistrate Court, Wuse Zone 6, Abuja, has issued a bench warrant for the arrest of blogger Martins Vincent Otse, popularly known as VeryDarkMan (VDM), for alleged criminal defamation of the reputation of gospel singer, Mercy Chinwo. The magistrate ordered the Nigeria Police Force together with other law enforcement agencies to arrest VeryDarkMan and…
26 mins ago
Senator Orji Uzor Kalu, serving as the Senate Committee Chairman on the South East Development Commission (SEDC) and the representative for Abia North, has turned down the Northern Youth Leaders Forum's (NYLF) invitation to launch a presidential bid in 2027. In a statement, Kalu reaffirmed his steadfast backing of President Bola Ahmed Tinubu's re-election campaign.…
28 mins ago
Troops of 3 Division and Operation SAFE HAVEN (OPSH) on the ongoing Operation LAFIYAN JAMA'A have neutralised two kidnappers and nabbed suspected gunrunners while recovering arms and ammunition in Plateau and Kaduna states. On March 12, 2025, troops conducted offensive operations as part of the ongoing Operation LAFIYAN JAMA'A to clear criminal elements hibernating around…
44 mins ago
The House of Representatives has ordered the arrest of the Executive Secretary of the Federal Capital Development Authority (FCTA), Mr. Richard Dauda, over the alleged breach of building code in the Federal Capital Territory (FCT). The House, via its Committee on Public Petition on Thursday, also ordered the arrest of the Director, Department of Development…
45 mins ago
Amnesty International has accused Nigerian security forces of deliberately shooting to kill peaceful protesters during demonstrations between 2014 and 2024, resulting in the deaths of over 190 people. The global human rights organisation stated that security agencies, including the police, military, and Department of State Services (DSS), consistently used excessive force, arbitrary arrests, and torture…
53 mins ago
The House of Representatives on Thursday approved significant amendments to the four tax reform bills sent to the National Assembly in October by President Bola Tinubu. The bills are the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service Establishment Bill and Joint Revenue Board Establishment Bill. The amendments approved by the lower chamber…
1 hour ago
China is increasing its efforts to dominate Africa’s media landscape by leveraging state-controlled platforms, forging partnerships with local news outlets, and conducting journalist training programmes, according to recent reports. According to a report on ADF, experts have raised concerns over China’s growing influence, which they described as a strategic move to shape perceptions and project…
1 hour ago
The Oyo State Government has assured the public quality delivery on the ongoing limited rehabilitation of 83.82 kilometres of Iseyin-Okaka-Saki Road. The government noted that the project was being properly supervised by Resident Engineers from the Oyo State Ministry of Public Works and Transport. It added that the Commissioner for Public Works and Transport, Prof.…