October 30, 2025

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Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment

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Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment
Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure InvestmentThe head of a Nigerian regulatory body warns that widespread gambling and crypto trading are diverting funds from the capital markets, undermining efforts to finance the country’s $150 billion infrastructure deficit. Capital Market vs. Risk Taking The Nigerian Securities and Exchange Commission (NSEC) is voicing concerns that the growing preference of residents for gambling and […]