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    Kapital FM 92.9 The Station that Rocks!

Illegal Crypto Transactions

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Business

Lawmakers Probe Surge In POS Fraud, Illegal Crypto Transactions

The Chairman of the House of Representatives adhoc committee investigating the economic, regulatory and security risks linked to cryptocurrency adoption and Point-of-Sale, POS, operations has raised alarm over rising fraud and unlicensed digital-asset activities across the country. Speaking at a resumed investigative hearing in Abuja, Chairman of the adhoc Committee, Olufemi Bamisile said recent engagements with stakeholders revealed deep gaps in Nigeria’s fast-expanding digital finance sector. Bamisile said the committee […]

todayNovember 25, 2025