January 26, 2026

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Fintech

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

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The Nigerian House of Representatives has issued a direct warning to law enforcement agencies, telling them to stop profiling cryptocurrency traders as fraudsters. Lawmakers at Monday’s crypto regulation hearing said the era of “innovation by suspicion” must end — urging the EFCC and NFIU to evolve from intimidation to intelligent oversight....

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

IDNN
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Nigeria’s House of Representatives has warned security agencies against profiling cryptocurrency traders as fraudsters. At a landmark hearing in Abuja, lawmakers said innovation must be nurtured, not criminalised, urging regulators and law enforcement to balance vigilance with inclusion as the nation drafts its first legal framework for digital assets...

NIGERIA’S DIGITAL CURRENCY MOMENT — WHO REALLY WINS IN THE CASHLESS ECONOMY?

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As Nigeria accelerates its cashless revolution — from POS caps and airport e-payments to fintech regulation and MSME funding — a deeper question emerges: Who really wins in this new digital order? For every leap in innovation, there’s a ripple in inclusion. And at the heart of it lies the balance between control and opportunity....

CBN SLAMS POS OPERATORS WITH ₦1.2 MILLION DAILY LIMIT — DIGITAL OVERSIGHT TIGHTENS

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The Central Bank of Nigeria (CBN) has rolled out sweeping new rules capping Point-of-Sale (POS) agent transactions at ₦1.2 million per day. It’s the boldest step yet in Nigeria’s drive to sanitise the fintech space, strengthen oversight, and push the nation toward a fully cashless economy....

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