Nigerian

Nigerian Central Bank Lifts Ban Restricting Banks From Servicing Crypto Clients

Nigerian Central Bank Lifts Ban Restricting Banks From Servicing Crypto Clients

The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs) registered with the Securities and Exchange Commission (SEC) in line with […]

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Nigerian Politician Arrested for $246,153 Theft from Patricia Technologies’ Crypto Wallet

Nigerian Politician Arrested for $246,153 Theft from Patricia Technologies’ Crypto Wallet

Source: AdobeStock / Faraz The Nigeria Police Force (NPF) has announced the arrest of a politician in connection with the theft of over 200 million naira (approximately $246,153) from Patricia Technologies’ crypto wallet.  In a recent post on X (formerly Twitter), the NPF said the arrest of Wilfred Bonse was made following an investigation conducted

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