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 decision of the CBN to ban the use of cryptocurrency in the country. … Continue reading Cryptocurrency: Senate Summons CBN Gov, DG SEC
A civil society organisation, the Digital Rights Lawyers Initiative, has dragged the Central Bank of Nigeria and Securities and Exchange Commission to court over the recent action of the apex bank that Deposit Money Banks should desist from transacting in … Continue reading Digital Rights Lawyers Sue CBN, SEC Over Cryptocurrency Prohibition
Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks (DMBs) to desist from cryptocurrencies transactions, the apex bank has clarified that the intention is to ensure accountability.null Making the clarification in a statement in … Continue reading Cryptocurrencies Unregulated, rone to Financial Crimes – CBN
The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling a Federal High Court in Abuja that the funds in their accounts might have been linked to terrorist activities. This is according to a written … Continue reading CBN Accuses #EndSARS Campaigners of Terrorism
