A woman identified as Felicia Iselobhor has been arraigned at Tinubu Magistrates’ Court for allegedly stealing N19.7 million from a cryptocurrency firm. The police charged Iselobhor, 51, with conspiracy and theft. The prosecution counsel, ASP Ben Ekundayo, told the court that the defendant committed the offence on Dec. 2, 2020, in Lagos. Read Also: FG Lifts … Read more
The CBN had prohibited dealing and facilitating payments in cryptocurrencies The CBN Governor, Godwin Emefiele has arrived at the National Assembly to honour the request by the Senate Joint Committee on Banking Insurance and other financial institutions, (including ICT and cybercrime) to brief on the opportunities and threats of cryptocurrency on the nation’s economy. The … Read more
cryptocurrency You May Also Like Senate Summons CBN Governor, DG SEC Over Cryptocurrency Ban The Federal Government has reportedly lifted the ban on cryptocurrency. In a statement on Thursday, the Securities and Exchange Commission (SEC) said, “For the purpose of admittance into the SEC regulatory incubation framework, the assessment of all persons and products affected … Read more
Former Vice President Atiku Abubakar has advised the Federal Government to rethink its directive on cryptocurrency transactions. Atiku stated that it was wrong to issue such a directive at this time, saying the number one challenge facing Nigeria was youth unemployment. YOU MAY ALSO LIKE: Sanwo-Olu Swears In 18 New Permanent Secretaries 3rd Mainland Bridge … Read more
The virtual cryptocurrency hit $30,823.30 today, just a couple of weeks after rising above $20,000 for the first time. In the past year, Bitcoin has almost quadrupled in value thanks to interest from large investors looking for brisk and swift profits. READ ALSO: Facebook Director Of Management Leaves Company Some reviewers think it could rise … Read more