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CNPP, Youth Leaders Chide PDP over Call for Emefiele's Resignation

CNPP, Youth Leaders Chide PDP over Call for Emefiele's Resignation
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Lawyers, Youth Leaders Allege Global Media War Against Aiteo

Lawyers, Youth Leaders Allege Global Media War Against Aiteo
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Weighing the Ban on Cryptocurrency Transactions

Oluchi Chibuzor writes on the ban of cryptocurrency transactions in Nigeria’s banking and payment systems
The Central Bank of Nigeria (CBN) recently directed banks and other financial institutions to close any accounts dealing in cryptocurrency or facilitating payment for cryptocurrency exchange, with immediate effect.
It also directed banks to expose any individual and entity running such accounts, warning that failure to adhere to the directives would attract strict sanctions.
The apex bank in the circular, cautioned deposit money banks (DMBs), non-bank financial institutions (NBFIs) and other financial institutions (OFIs) and members of the public on the risk associated with transactions in cryptocurrency. ....

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Nigeria's central bank investigates crypto companies' accounts for fraud

The Central Bank of Nigeria (CBN) has opened investigations into bank accounts of companies involved in the trading of cryptocurrencies with the intention of blocking those with suspicious transactions and fraud. ....

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CBN Investigates Cryptocurrency Companies' Bank Accounts for Fraud NEWS

•Insists restrictions to safeguard Nigerians, financial system
The Central Bank of Nigeria (CBN) has opened investigations into bank accounts of companies involved in the trading of cryptocurrencies with the intention of blocking those with suspicious transactions and fraud.
A top central bank official while giving THISDAY more insight into last week’s decision mandating banks to close all accounts belonging to cryptocurrency traders, also pushed back criticism of the policy, saying the bank won’t abandon its regulatory roles to critics.
The bank also insisted in a statement yesterday by its Director of Communications, Mr. Osita Nwanisobi, that the restriction regime is to protect Nigerians and the financial system. ....

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