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Nigeria's Finance Minister urges SEC Board to tackle cryptocurrency regulation Nigeria CryptocurrenciesNigeria's Finance Minister, Wale Edun, has called on the newly inaugurated Securities and Exchange Commission (SEC) board to address the challenges of regulating cryptocurrencies in the country. During the board's inauguration in Abuja, Edun emphasized the need for stringent oversight to maintain market integrity in the capital market.July 10, 2024 -
Enugu State's Governor promotes gambling sector as key to Nigeria's economic future Nigeria Events and exhibitsGovernor Peter Mbah of Nigerian Enugu State believes that gambling and lottery have immense potential to drive the country's economy and tourism industry.July 1, 2024 -
SEC Chief highlights Nigeria's $400M crypto market and 33.4% ownership rate Nigeria CryptocurrenciesNigeria's Securities and Exchange Commission (SEC) Director General, Emomotimi Agama, sees huge potential in cryptocurrencies to help the country's vast unbanked population access financial services.June 30, 2024 -
Nigeria's SportyBet offers highest winnings in the nation, raises max payout to N100 million NigeriaSportyBet has unveiled a series of innovative updates, solidifying its position as a leader in Nigeria's betting industry. The platform has increased its maximum payout to an unprecedented NGN 100 million – the highest in the country, allowing users to win bigger than ever before.June 17, 2024 -
Nigerian anti-graft agency urges casino operators to comply with money laundering laws Nigeria RegulationThe Economic and Financial Crimes Commission (EFCC) has called on operators in the casino and gaming sectors to strictly adhere to Anti-Money Laundering and Counter Terrorism Financing (AML/CFT) laws in their operations. This call was made during a workshop titled "Promoting Implementation of Customer Due Diligence and Targeted Financial Sanctions (TFS) Requirements in Casinos and Gaming Sector" h...June 16, 2024 -
Over half of Nigerians engaged in sports betting in the past 12 months, reports TGM Market analysis NigeriaA staggering 51.7% of Nigerians have placed bets on sports in the past year, according to the latest Gambling and Sports Betting Report Overview by TGM Research. The report provides a detailed analysis of gambling behaviors in Nigeria, highlighting significant trends and participation rates.June 4, 2024 -
Nigeria takes the lead in global Bitcoin interest Nigeria CryptocurrenciesNigeria has emerged as the global leader in bitcoin interest, as per a report by Odaily citing Google Trends data.June 3, 2024 -
Nigeria's Enugu State gears up for its inaugural gambling conference Nigeria Events and exhibitsIn Nigeria the Enugu State Government has announced the inaugural Enugu State Gaming Conference, set to take place on June 27, 2024, at the Amadeo Event Centre in Enugu. The conference aims to attract investments that will drive economic growth in the state and establish Enugu as a leading destination for gambling tourism.June 2, 2024 -
Nigerian lawmakers push for cryptocurrency regulation to enhance accountability and investor protection Nigeria CryptocurrenciesA move towards regulating cryptocurrency in Nigeria has been initiated by lawmakers, with a focus on enhancing transparency, accountability, and investor protection.May 29, 2024 -
BetCorrect and Nigerian Influencer Nasboi forge dynamic partnership Nigeria Sports bettingBetCorrect, a leading betting platform, has announced an exciting partnership with popular Nigerian influencer Nasboi. This collaboration marks a significant milestone for BetCorrect as it aims to bring fresh ideas and innovative campaigns to its customers.May 27, 2024
