Nigeria News News Nigeria » Cryptocurrencies: Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. On the eve of his departure from office on May 28, former Nigerian President ...
News Nigeria » Cryptocurrencies: Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021. The Nigerian government will reportedly soon pass ...
News Nigeria » Cryptocurrencies: Nigeria SEC to Avoid Cryptocurrencies in Digital Assets Push
Nigeria’s Securities and Exchange Commission does not plan to include cryptocurrencies in a plan to improve trading in digital assets until regulators agree on standards that protect investors. The ...
News Nigeria » Cryptocurrencies: What’s behind the Central Bank of Nigeria’s war on cryptocurrencies?
Central bank governor Godwin Emefiele and his political chieftain President Muhammadu Buhari see eye to eye on economics and politics – and it seems, the links between the two. They prefer the ...
News Nigeria » Cryptocurrencies: Cloudax unveils P2P platform to boost cryptocurrencies interests in Nigeria
With Nigeria standing head and shoulder above the growing interest and adoption of cryptocurrencies in Africa, Cloudax, an innovative technology-driven ecosystem built for wholesome content creators ...
News Nigeria » Cryptocurrencies: Nigeria Looking To Legalize Bitcoin Usage: Report
A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and Institutions of Nigeria, claimed the country will soon pass a ...
News Nigeria » Cryptocurrencies: Nigeria’s SEC Plans to Allow Asset-Backed Tokens But Not Crypto
Nigeria’s Securities and Exchange Commission is processing applications for digital exchanges on a trial basis in a bid to widen market participation in Africa’s most populous country where the ...
News Nigeria » Cryptocurrencies: The Top Crypto Exchanges in Nigeria to Buy and Sell BTC and Altcoins
Nigeria is one of Africa's most active cryptocurrency markets, with growing demand for reliable and efficient trading platforms. This guide breaks down the top exchanges available to Nigerian traders ...