CBN Governor, Emefiele Arrives Senate Over Cryptocurrency Ban
Governor of the Central Bank of Nigeria Godwin Emefiele on Tuesday arrived at the National Assembly to honour the request by the Senate joint committee on banking insurance and other…
Governor of the Central Bank of Nigeria Godwin Emefiele on Tuesday arrived at the National Assembly to honour the request by the Senate joint committee on banking insurance and other…
The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin…
The Digital Rights Lawyers Initiative (DRLI) has asked the Federal High Court in Lagos to quash the Central Bank of Nigeria (CBN)’s letter prohibiting banks from dealing in cryptocurrencies and…
One of the largest cryptocurrency exchanges by volume, Binance, has removed naira from its trading pairs after the Central Bank of Nigeria asked banks and other financial institutions to close…
Cryptocurrency has become a widely acceptable means of payment with greater capacity and faster settlement than other traditional financial structures. It is a digital currency that can be used to…
The Central Bank of Nigeria (CBN) on Sunday explained that its position on cryptocurrency espoused in its recent circular will remain for the foreseeable future. “The recent regulatory directive became…
Trading in Cryptocurrency is not backed by the Central Bank of Nigeria (CBN) Act which recognizes the naira as the only legal tender in the Nigerian financial system, an analyst…
Former Nigerian Vice President, Atiku Abubakar, has blasted the Federal Government over ban on ban cryptocurrrency, saying that rather than seek to close the economy, the government should implement policies…
A former All Progressives Congress presidential aspirant Adamu Garba says investing in cows is better than cryptocurrency. His statement came in the wake of the Central Bank of Nigeria’s directive…
Criticisms have followed the directive from the Central Bank of Nigeria (CBN) prohibiting commercial banks and all non-banking financial institutions from transactions involving cryptocurrency(ies). The CBN on Friday also ordered…