SEC: Nigeria’s crypto transactions surpass $50bn in one year
SEC DG Emomotimi Agama revealed that Nigeria recorded over $50bn in cryptocurrency transactions between July 2023 and June 2024, far exceeding participation in the traditional market.
Cryptocurrency
Argentina nabs Nigerian cybercrime fugitive in INTERPOL’s first Silver Notice arrest
Argentine police, with INTERPOL’s support, have arrested Nigerian national Ikechukwu N., the first suspect captured under both a Red Notice and the new Silver Notice, for allegedly masterminding a global romance scam network
Reps push to regulate cryptocurrency and POS activities
The House of Representatives has inaugurated an ad hoc committee to propose regulatory and consumer-protection measures for cryptocurrency and POS operations amid concerns of fraud, money laundering, and terrorism financing.
Reps launch probe into crypto, PoS over fraud, security risks
Lawmakers inaugurated an ad hoc committee to regulate cryptocurrency and PoS operations in Nigeria, citing fraud, money laundering, and security risks.
UK court secures landmark conviction in World’s biggest Bitcoin seizure
A UK court convicted Chinese fraudster Qian Zhimin in the world’s largest $6.7bn crypto seizure, marking a landmark victory against digital money laundering.
Natasha Akpoti-Uduaghan’s cybercrime trial stalled over jurisdiction challenge
Senator Natasha Akpoti-Uduaghan’s cybercrime trial was adjourned after her lawyers challenged the court’s jurisdiction and accused the Attorney-General of abusing prosecutorial powers.
Trial of senator Natasha for alleged cybercrime against Akpabio, Yahaya Bello to begin September 22
Senator Natasha Akpoti-Uduaghan’s cybercrime trial over alleged defamatory remarks against Senate President Akpabio and ex-Governor Bello begins September 22.
51 foreign cybercrime convicts deported by EFCC, Immigration
EFCC and NIS deported 51 convicted foreign cybercriminals, bringing the total to 102 since August 15, 2025.
Nigeria begins deportation of 192 foreign cybercrime convicts
“The first batch of deportees is scheduled to leave Nigeria at exactly 2:00 p.m. local time.”
Three Ghanaian nationals extradited to U.S. over $100m fraud scheme
The indictment alleges the defendants laundered stolen funds to West Africa, where “chairmen” directed operations.