Nigeria Records Over $50 Billion Crypto Transactions In One Year – SEC DG

Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. With an exchange rate of N1,500 to the Dollar, the amount translates into N75 trillion, about two-thirds of the capitalization of the Nigerian equities market capitalization currently at…

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JUST-IN: After Politics Nigeria Report On Dangote, House Speaker Disbands Oil & Gas Committee

The Speaker of the House of Representatives, Tajudeen Abass has dissolved an ad hoc committee investigating the oil and gas sector and the rift between Dangote Refinery and sector players/NMDPRA. The committee, was among other things, tasked with investigating the importation of adulterated petroleum products, the non-availability of crude oil for domestic refineries. In a…

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