Nigeria's agency responsible for combating economic and financial crimes.
EFCC Uncovers Large-Scale Fraud Scheme Involving Stolen Data and Fintech Companies in Nigeria
The EFCC exposed a fraud operation where fintech companies buy stolen personal and biometric data. Over 12,000 individuals are involved in gathering sensitive information from unsuspecting citizens.
Nigeria’s SEC cites due diligence delays in crypto licence freeze
The SEC has delayed issuing new provisional licenses to crypto startups under its ARIP. Director General Emomotimi Agama cited the need for additional due diligence as the reason for the delay.
Frozen #EndBadGovernance crypto wallets are on KuCoin and MEXC and still performing transactions
Some of the frozen crypto wallets traced to suspected #EndBadGovernance protesters are on the KuCoin and MEXC exchanges. The wallets, which reportedly have more than $37 million, are still performing transactions and are very much active.
Flutterwave secures Ghana PSP licence following Mozambique expansion
Flutterwave has been granted a Payment Service Provider licence by the Bank of Ghana. The licence allows Flutterwave to operate independently and simplify payment processes.
Nigeria Drops Charges Criminal Charges Against Binance Executives
Nigerian authorities drop criminal charges against Binance executive imprisoned since April. Charges of tax fraud against the executive have been dropped.
