2021-2-6 12:26 |
The Central Bank of Nigeria (CBN) has informed banks and commercial institutions to stop processing cryptocurrency transactions. This represents a significant blow for the county that has the largest bitcoin market in Africa. origin »
|
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital.
2021-5-30 21:43 | |
|
|
The Central Bank of Nigeria (CBN) reminded financial service businesses that dealing with cryptocurrency is prohibited. The post Nigeria’s central bank moves to prohibit Bitcoin and cryptocurrencies appeared first on CryptoSlate.
2021-2-6 03:00 | |
|
|
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%.
2020-12-4 06:00 | |
|
|
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance.
2019-12-9 22:33 | |
|
|
A Nigerian Non-Governmental Organization, United Global Resolve For Peace (UGRF), has petitioned the Central Bank of Nigeria (CBN), the Economic and Financial Crimes Commission (EFCC) and the Ministry of Foreign Affairs.
2019-4-7 15:32 | |
|
|
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system.
2019-3-11 15:00 | |
|
|
A large commercial bank in Nigeria has threatened to shut down an undisclosed number of cryptocurrency-related accounts without explanation. Lagos-based Union Bank claims that any decision to do so would be in line with the Central Bank of Nigeria’s (CBN) past warnings about cryptocurrency trading.
2018-11-28 02:10 | |
|
|
In 2017, the Central Bank of Nigeria (CBN) placed a ban on traditional banking systems to halt transactions in Bitcoin and other virtual currencies saying that the “Central bank cannot control or regulate Bitcoin”.
2018-11-17 19:04 | |
|
|
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry.
2018-11-12 08:00 | |
|
|
Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan).
2018-11-10 02:15 | |
|
|
In a groundbreaking operation, Nigeria’s Economic and Financial Crimes Commission (EFCC) dismantled a sophisticated cryptocurrency fraud syndicate, arresting 792 suspects. This unprecedented crackdown took place on December 10 in Lagos, uncovering a global web of cybercrime that revolved around romance scams and cryptocurrency fraud.
Scammers employ complex tactics to earn the victim's trust before defrauding them.
The Economic and Financial Crimes Commission (EFCC) in Nigeria has dismantled an elaborate international fraud operation, arresting 792 suspects allegedly involved in crypto investment and romance scams.
The Economic and Financial Crimes Commission in Nigeria arrested 792 individuals allegedly involved in crypto investment and romance scams. The suspects, including 148 Chinese nationals, 40 Filipinos, and others from various countries, were apprehended on December 10, 2024, during a…
The detained Binance exec leaves Nigeria after all charges were dropped.
Nigeria's government has withdrawn the money laundering charges against Binance executive Tigran Gambaryan, local news outlet Punch reported first on Wednesday.
The Nigerian government has officially dropped all charges against Tigran Gambaryan, a Binance Holdings executive, who had been detained since February. On Oct. 23, the Nigerian Economic and Financial Crimes Commission (EFCC) announced the case withdrawal at the Federal High Court in Abuja.