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The Future of Forex Trading in Nigeria: Trends to Watch in 2025

The Future of Forex Trading in Nigeria: Trends to Watch in 2025

Explainers

The recent past has seen some fantastic growth in Forex trading on the back of technology, viable economic fundamentals, and increased interest by citizens in this form of financial markets in Nigeria.

January 18, 2025 / 0 Comments
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Top 6 crypto assets set to surge in the 2025 Bull run   

Industry Analysis

The crypto market added over $1 trillion to its total market capitalization in the month of November as a result of a massive Bull run which saw various assets breaking past their all-time high.

December 9, 2024 / 0 Comments
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Nigeria’s crypto market surged to ₦75 trillion ($50 billion) in transactions between July 2023 and June 2024, far outpacing traditional investments and highlighting waning confidence in the capital market.

Despite clampdown, Nigeria emerges 2nd in global crypto adoption – Chainalysis

Crypto,  Industry Analysis

African countries behind Nigeria in the top 30 are Ethiopia, Kenya, and South Africa

December 6, 2024 / 0 Comments
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Three African countries with legal status for cryptocurrency  

Industry Analysis

Cryptocurrency adoption in Africa has been increasing with the continent housing some countries that made the top 5 list of countries with highest crypto adoption in the world.

November 20, 2024 / 0 Comments
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Tigran Gambaryan has been in detention since February

Tigran Gambaryan: Nigerian authorities drop all charges against Binance executive after 8 months

Crypto,  News

Tigran Gambaryan has been in detention since February

November 20, 2024 / 0 Comments
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‘We witness all-time high Bitcoin trading whenever govt tries to suppress us’ – Nigerian crypto leader

Crypto

Right from the initial proliferation of Bitcoin, the government has always initiated policies aimed at stifling crypto adoption.

November 19, 2024 / 0 Comments
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ESET responds to EFCC’s arrest of 792 cryptocurrency fraud suspects in Lagos

Crypto,  Policy and Tech

During the raid, the EFCC seized computers, mobile phones, and vehicles

November 1, 2024 / 0 Comments
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Nigeria’s A&D Forensics become 1st African crypto firm to join global coalition

Crypto

Notable blockchain and crypto investigation company A&D Forensics has joined the Crypto Market Integrity Coalition (CMIC). The company is the first African firm to join the CIMC, a prestigious global alliance that includes blockchain industry giants like Coinbase and Circle.

October 15, 2024 / 0 Comments
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Two crypto exchanges refund N160 million over unathorised USDT deals in Nigeria

Crypto

Two Nigerian crypto companies, Paparaxy Global Ventures Limited and Lemskin Technologies Limited have agreed to refund a sum of 160 million naira to the Nigerian federal government.

October 9, 2024 / 0 Comments
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The Federal Government of Nigeria has launched the 1Gov Cloud Project to digitise MDAs, strengthen data sovereignty, and drive paperless governance by 2025.

Virtual assets emergence has led to a surge in cryptocurrency fraud in Nigeria – Tinubu

Explainers

President Bola Tinubu has stated that the emergence of virtual assets has resulted in a surge of cryptocurrency fraud in Nigeria.

October 7, 2024 / 0 Comments
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