On March 25, 2025, Nigeria took a decisive step toward regulating its fast-growing cryptocurrency sector when President Bola Tinubu signed the long-awaited Investments and Securities Act (ISA 2025), replacing the outdated 2007 version. Buried in the 226-page law is a landmark…
Why Nigerian banks keep suffering system glitches—and what’s at stake
In recent months, several major Nigerian banks—including Wema, Keystone, Union, and GTB—have suffered serious system glitches, leading to unauthorised withdrawals and mistaken deposits totaling over ₦19 billion. These incidents have sparked customer frustration, lawsuits between banks, and growing concerns over the…