Central Bank Of Nigeria Shutdown Abokifx.com Accounts Over Forex Speculation.
Central Bank of Nigeria CBN, today closed all operating accounts belonging to online forex rate publishing platform, abokifx.com over what the apex bank termed unauthorised publication of forex rates. In a circular sent to all commercial banks by CBN requesting…
Central Bank Of Nigeria to Launch E-Wallet, Nigerian Banks, Others To Follow Soon.
The Central Bank of Nigeria announced that eNaira cryptocurrency will launch on a digital wallet called Speed wallet This according to the Central Bank will enable the apex banking regulatory body to meet it’s October 1st timeline. The wallet is…
CBN Crypto Regulations: A Crypto Trader Claims GTBank Threatened to Arrest him.
Crypto Trader on Twitter claims that Guarantee Trust Bank has threatened to arrest him after blocking his bank account. @Maxdiwailee on Twitter has claimed that he was threatened by GTBank for mainly trading cryptocurrencies, according to him, GTBank claimed that…
We have engaged with the CBN and agreed to work together to further analyze Crypto securities Says SEC Nigeria
SEC PRESS RELEASE: “We have engaged with the CBN and agreed to work together to further analyze Crypto securities” The Securities and Exchange Commission of Nigeria (SEC Nigeria) has put out a Press release to calm all opinions concerning the…
Mastercard Launches Testing Platform for Central Bank Digital Currencies.
Mastercard has launched a central bank digital currency testing platform for Central Banks to enable them conduct pilot tests for Central Bank Digital Currencies.
How Crypto Savings Account Interest Beats the New CBN Policy on Bank Savings Account Interest.
Crypto Savings Account yields more interest now compared with Banking Savings Account interest.
CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.
CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.
Bitcoin Stands Out as the Best Investment Against Nigeria Naira Over 50 Years Ago.
Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world’s biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.
CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.
CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.
Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy.
PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy.