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Pension assets soared to N12.3 trillion in December 2020

The National Pension Commission (PenCom) December report has revealed a significant increase in assets under management to N12.3trillion, which represented year-on-year ....

National Pension Commission Pencom , National Pension Commission , Federal Government , Nigeria Securities , தேசிய ஓய்வூதியம் தரகு , கூட்டாட்சியின் அரசு , நைஜீரியா பத்திரங்கள் ,

Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited – Emerging Markets Bitcoin News

Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their concerns.
The Importance of Disruptive Technologies
Still, in his address at a Bankers Committee meeting, Osinbajo says “he fully appreciates the position” that has been articulated by the CBN. Since the CBN prohibition went into effect, leaders at both the CBN and the Nigeria Securities and Exchange Commission (SEC) have defended this decision. ....

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CBN can't ignore innovations, crypto ban shows we don't want growth–Financial market expert, Owolabi – Punch Newspapers

Punch Newspapers
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EVEREST AMAEFULE,
Mr Mayowa Owolabi, a financial market expert, trainer, trader and investor, dissects cryptocurrency and challenges the Central Bank of Nigeria to conduct enough research in order to come up with appropriate policies to guide the currency’s operations in the country
In
simple terms, what is cryptocurrency and how does it concern the man on the street?
Cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are built on decentralised networks based on Blockchain technology. The strength of cryptocurrency is in the structure model, which is Blockchain technology. To a man on the street, it is a value storage asset and exchange. For example, I may have a shoe to exchange for your car. A means of exchange enables us to make transactions. It is a payment option. As a currency, it is used. ....

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