cryptocurrencies

Senate Summons CBN Governor, DG SEC Over Cryptocurrency Ban

Feb 11, 2021. by Otunba T.J Abass

BREAKING: PIB: Senate Summons NNPC Boss, Kyari

The Senate has summoneded the Governor of the Central Bank of Nigeria, Godwin Emefiele, to brief its recent ban on cryptocurrency in the country. The Senate also invited the Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to meet with its joint committee on the issue. The Senate has mandated its Committees on … Read more

CBN Bans Bitcoin Trade In Nigeria, Orders Banks To Shut Cryto Accounts

Feb 5, 2021. by Ekohot Editor

The Central Bank of Nigeria has directed banks and other financial institutions to close customer accounts used in trading cryptocurrencies and other related transactions. The directive is contained in a circular issued by the apex bank on Friday. The Nigerian bank regulator ordered deposit money banks, non-bank financial institutions and other financial institutions to “identify … Read more