Nigeria

‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion

‘Quick-Money’ Nigerian Crypto Platform’s Withdrawal Plan Met With Suspicion

Leave a Comment / Fraud, News Bytes, Nigeria /

The troubled Nigerian digital asset platform Crypto Bridge Exchange (CBEX) recently announced new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement after facing claims of collapse. Under the new rules, investors with up to $1,000 in the platform must pay a $100 fee to withdraw 50% […]

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Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport

Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport

Leave a Comment / digital currency, News Bytes, Nigeria /

The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi Azikiwe International Airport in Abuja, as part of its digital transformation efforts to enhance border security and financial disclosure transparency. The pilot, which began on April 9, 2025, processed 69 transactions, with outbound declarations ($1,200,281.22) making up 51% and

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