Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
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A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech…
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The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
The recent decision by JPMorgan to suspend the onboarding of Gemini The recent decision by JPMorgan to suspend the onboarding of Gemini has raised crucial questions in the international financial sector. At the center of the controversy are access to banking data, increasingly stringent regulation, and the often conflicting relationship…
Key Highlights Nigeria’s Federal High Court in Abuja granted Usie Otukpa Osang ₦500 million bail with two sureties and strict conditions. Osang faces an eight-count EFCC charge over alleged fraud involving AUD$8.42 million, US$3.64 million, and 19.806 Bitcoin. He denied the allegations. The case comes as Nigerian authorities increase scrutiny…