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Nigerian crypto exchanges have now reconnected to the formal banking system, one year after receiving regulatory recognition.  
Speaking in an interview with Nairametrics, Okoro said that the introduction of the SEC’s structured licensing framework in 2024 represents a watershed moment for the industry.  
Despite mixed signals from the Nigerian authorities as regards crypto regulation, the sector is still thriving in the country and cryptocurrency is fast becoming an everyday means of transaction.  
The Securities and Exchange Commission (SEC) explained that it granted approval in principle to two crypto exchanges recently to give Nigerian youths the opportunity for capital market participation. 
Purchasing Crypto in Nigeria can be an uphill task for beginners, this article advises on the applications you can use to buy crpto in Naira.
Nigeria’s Securities and Exchange Commission (SEC) said it has granted an Approval-in-Principle to two crypto exchanges Quidax and Busha, giving them the status of legally recognised crypto trading platforms in the country.  
 One of Nigeria’s savings and investment companies, Cowrywise, is banking on many billboard ads to attract more customers as the competition in the fintech landscape gets stiffer. 
Quidax has announced free bank account deposits and withdrawals to customers in Nigeria.
Nigeria’s inflation rate has been staggering. According to reports, annual inflation in Nigeria rose to 24.08% in July, marking the highest level in 18 years.
Quidax, the African cryptocurrency exchange, marked a milestone achievement this week as the company celebrated its fifth anniversary.
Let's summarise the major company news stories that dominated the headlines during the week that ended November 26, 2022
Quidax clarified that its layoffs have no connection with the FTX saga
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