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Nigeria

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In brief

Nigeria is a country tracked by The Crypto News Hub newsroom. Our newsroom has connected 1 story to this country.

Overview

Nigeria is a country tracked by The Crypto News Hub newsroom. Our newsroom has connected 1 story to this country.

Latest coverage

20 stories
Nigeria Sets New Stablecoin Licensing Rules and Capital Requirements

Nigeria's central bank issued a new framework on November 5 for non-security virtual assets, with separate stablecoin licences tied to naira and…

Regulation ·
Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions

Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.

Regulation ·
South Africa Leads Sub-Saharan Africa's Crypto Growth

Chainalysis says Sub-Saharan Africa's crypto economy grew 13.4% to $101 billion, led by South Africa, Nigeria and stablecoin use. (Read More)

Regulation ·
Nigerian Man Extradited from Benin to Face Federal Charges in $100 Million Stolen Identity Tax Scheme

Akinade Adedeji Raheem, a Nigerian citizen who allegedly conspired to file fraudulent tax returns seeking over $100 million in refunds using stolen identities, was arraigned yesterday on federal fraud, money laundering, and aggravated identity theft charges after his extradition from Benin.

Security ·
Fugitive Charged in Fraud Scheme Apprehended at Logan Airport and Ordered Detained in Federal Court

PROVIDENCE – Adetunji Abudu, 34, of Lagos, Nigeria, was arrested Monday night at Logan Airport in Boston, Massachusetts, as he attempted to re-enter the United States from Istanbul, Turkey. Abudu appeared on October 21. 2026, in U.S. District Court in Rhode Island and was ordered detained pending trial.

Security ·
Interpol Cybercrime Sweep Recovers Over $105 Million, Nets 1,462 Arrests

Angolan authorities seized more than 2,000 crypto-mining devices; a Nigerian probe traced more than $2.4 million in suspected fraud proceeds.

Security ·
More reporting
XT Exchange and the Local Stories Behind Global Crypto Adoption
Defi ·
Nigerian Man Sentenced To Eight Years For Hacking, Fraud, And Identity Theft Schemes
Security ·
Naturalized citizen from Nigeria and former professor sentenced in student financial aid fraud scheme
Security ·
Extradited Nigerian National Pleads Guilty to Money Laundering in Connection with Sextortion and Romance Scams
Security ·
Central Bank of Nigeria cuts interest rates by 350 basis points to 23%
Regulation ·
Galatasaray’s Victor Osimhen ruled out of UEFA Champions League match due to injury
Markets ·
Dangote Group advances IPO preparations for refinery business
Exchanges Business ·
Opay considers secondary listing on Nigeria Exchange as it eyes $4B US IPO
Exchanges Business ·
Uber shuts down operations in Nigeria effective September 2
Regulation ·
Two Nigerian Nationals Extradited from Nigeria to the United States to Face Sextortion Charges in North Carolina and Mississippi
Markets ·
Nigerian National Sentenced for Laundering $3.1M in Scam Proceeds
Security ·
Nigerian National Sentenced to Federal Prison in Connection With Business Email Compromise Scam
Security ·
Nigarian Extradited to the U.S. after being Indicted for Financially-Motivated Sextortion Scheme that Caused Death of a Mississippi Teenager
Regulation ·
Nigeria's cNGN Stablecoin Goes Live on Celo Blockchain
Stablecoins Payments ·

Timeline

20 recorded events
  1. 07 Nov 2026Regulation
    Nigeria Sets New Stablecoin Licensing Rules and Capital Requirements

    Nigeria's central bank issued a new framework on November 5 for non-security virtual assets, with separate stablecoin licences tied to naira and…

  2. 07 Nov 2026Approval
    Nigeria Sets New Stablecoin Licensing Rules and Capital Requirements

    Nigeria's central bank issued a new framework on November 5 for non-security virtual assets, with separate stablecoin licences tied to naira and…

  3. 06 Nov 2026Regulation
    Nigeria sets new crypto licensing rules, bans algorithmic stablecoins

    Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.

  4. 06 Nov 2026Development
    Nigeria’s Central Bank Now Requires Offshore Stablecoin Issuers to License Locally

    Central Bank of Nigeria rules that took effect Nov. 5 require stablecoin issuers serving Nigerians to incorporate locally, hold at least 10 billion to 15 billion naira in capital and back tokens with 2% extra reserves. The post Nigeria’s Central Bank Now Requires Offshore Stablecoin Issuers to License Locally appeared first on Unchained .

  5. 06 Nov 2026Regulation
    Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions

    Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.

  6. 06 Nov 2026Approval
    Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions

    Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.

  7. 27 Oct 2026Enforcement
    Nigerian Man Extradited from Benin to Face Federal Charges in $100 Million Stolen Identity Tax Scheme

    Akinade Adedeji Raheem, a Nigerian citizen who allegedly conspired to file fraudulent tax returns seeking over $100 million in refunds using stolen identities, was arraigned yesterday on federal fraud, money laundering, and aggravated identity theft charges after his extradition from Benin.

  8. 26 Oct 2026Development
    Fugitive Charged in Fraud Scheme Apprehended at Logan Airport and Ordered Detained in Federal Court

    PROVIDENCE – Adetunji Abudu, 34, of Lagos, Nigeria, was arrested Monday night at Logan Airport in Boston, Massachusetts, as he attempted to re-enter the United States from Istanbul, Turkey. Abudu appeared on October 21. 2026, in U.S. District Court in Rhode Island and was ordered detained pending trial.

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