The Central Bank of Nigeria, CBN, has announced a new “CBN Naira for Dollar Scheme ”for senders and recipients of International money transfers. The CBN in...
The Vice President of Nigeria, Prof. Yemi Osinbajo has recently called for Crypto regulation knowing fully well the role Crypto plays in the global financial ecosystem...
CBN Governor banned crypto transactions with Nigerian banks because he believes its money created out of thin air and is used to describe the activities of...
Bitcoin hit a new record high on Friday and surpassed $1 trillion in market capitalisation, while European and US equities also pushed higher.. The digital unit...
This comes after two consecutive quarters of negative growth which result in a recession. The world’s most populous black nation, Nigeria’s economy grew by 0.11 percent...
The International Monetary Fund has called for caution in the use of cryptocurrencies, describing it as a concern.. It disclosed this during a virtual briefing on...
Bitcoin has officially surpassed the $50,000 price point mark as of 12:30 PM UTC.. The new all-time high was set three minutes later, at 12:33 PM...
Bitcoin and other cryptocurrencies took another leap towards the financial mainstream Thursday when Wall Street player BNY Mellon announced plans to accept digital currencies.. BNY Mellon,...
The Senate on Thursday, summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over...
The cryptocurrency traders have commenced offline operations outside approved exchange platforms following the Central Bank of Nigeria (CBN) directive that banks close their accounts. The founder...