March 3, 2025/Spreckley By, Osama Bari, Chief Technology Officer at D24 Fintech Group Two-factor authentication, liveness checks, and a centralized approach reduce the likelihood or eventual impacts of a hack, says D24 Fintech Group. Dubai-based cryptocurrency exchange Bybit was the victim of what is being widely reported as the single […]
OPINION/EDITORIAL
FAAC Allocation: Oil Price Fluctuations Pose Fiscal Risks
March 3, 2025/CSL Research The Federation Account Allocation Committee (FAAC), at its February 2025 meeting held in Abuja shared a total sum of N1.703 trillion among the Federal Government (N552.59bn), States (N590.61bn), and Local Government Councils (N434.57bn). Additionally, oil-producing states received N125.28bn as derivation fund (13% of mineral revenue). This […]
Crypto 2.0: Regulatory Whiplash
February 28, 2025/US SEC Commissioner Caroline A. Crenshaw [1]Today the Commission dismissed its enforcement action against Coinbase, a crypto trading platform. This reverse-course midstream – coupled with recent high-profile stays of other litigations – is not only unprecedented, it ignores 80 years of well-established law. We say we are dismissing […]
