Tag:crytocurrency

CBN fines three banks N800m over crypto transactions

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from...

Cryptocurrency fuels terrorism, money laundering, drugs — CBN

The Central Bank of Nigeria (CBN) has justified the ban to banks from transacting in cryptocurrencies insisting that the currencies fuel illicit financial flows,...

The Undertones Of Nigeria’s Cryptophobia

No policy instrument seems more convenient for Nigerian policymakers as much as the rush to ban vaguely understood idea or practice. It’s as though...

Why Nigerians Are Embracing Bitcoin

The crypto market has been making waves in Africa in recent years, and Nigeria seems to be Africa’s king in Bitcoin. In fact, latest...

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Wike Closes Secretariat of Dissolved Committee on Sale of FG Houses in FCT

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has ordered the immediate closure of the Secretariat of...
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Mourinho Reveals Untold Story of How He Rejected Man Utd After Ferguson

José Mourinho has revealed that he had agreed to become Manchester United manager after Sir Alex Ferguson's retirement in...

Osun Election: APC Senator Under Fire Over Call to Kill Accord Supporters

Senator Francis Fadahunsi, the lawmaker representing the Osun East Senatorial District,  has come under intense criticism after allegedly calling...

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Wike Closes Secretariat of Dissolved Committee on Sale of FG Houses in FCT

The Minister of the Federal Capital Territory (FCT), Nyesom...

Mourinho Reveals Untold Story of How He Rejected Man Utd After Ferguson

José Mourinho has revealed that he had agreed to...