Sunday, July 5, 2026

Investments and Securities Act

December 18, 2022

Reps move to pass legislation allowing crypto transactions

In February 2021, the Central Bank of Nigeria banned cryptocurrency transactions and the facilitation of payments for cryptocurrency exchanges.

House of Representatives, Cryptocurrencies and CBN governor, Godwin Emefiele
February 13, 2022

SPECIAL: Years after MMM crash, Nigerians still fall victim to Ponzi schemes

In June 2021, the EFCC announced it arrested a couple, Emmanuel and Victoria Jaiyeoba, in Ibadan for defrauding investors in over N935 million Ponzi schemes.

MMM and CBN composite

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