Posted inREGULATIONS Top News TRADING Nigerian government to tax crypto traders a 7.5% VAT in transaction fees on KuCoinCrypto tax Nigeria: KuCoin has just announced that per recent regulatory update, users with KYC… Posted by By Tony Chimdiuto 03/07/2024
Posted inEconomy Exchange NAIRA RATE NEWS TRENDS Naira Rates: CBN Forms Task Force to Double the Remittance Inflows The Central Bank of Nigeria (CBN) has formed a task force that will drive the… Posted by By Tony Chimdiuto 25/04/2024
Posted inEconomy NEWS REGULATIONS TRADING TRENDS CBN Deletes Tweet Debunking a Circular Claiming to Prohibit Banks From Facilitating Payment for Crypto ExchangesThe Central Bank of Nigeria has debunked a circular currently circulating about its institution prohibiting… Posted by By Tony Chimdiuto 24/04/2024
Posted inExchange NEWS REGULATIONS TRADING Nigerian Government Debunks Reports of $10B Fine for Binance.As of now, no decision has been reached regarding the imposition of a fine on… Posted by By Nsikanabasi Edet 03/03/2024
Posted inBitcoin Exchange NEWS REGULATIONS The outrageous $10 billion fine on BinanceBinance faces heightened regulatory scrutiny in Nigeria as authorities intensify their examination of the platform… Posted by By Nsikanabasi Edet 02/03/2024
Posted inEconomy NEWS REGULATIONS CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira.The bank said the allegation is false and only aims to trigger panic in the… Posted by By Nsikanabasi Edet 05/02/2024
Posted inEconomy General News NEWS Opinion REGULATIONS Nigeria Emerges the World’s Most Cryptocurrency-Aware Nation, Recent Survey Reveals.Nigeria has emerged as the world's most cryptocurrency-aware nation, with 99% of the population crypto-aware,… Posted by By Tony Chimdiuto 04/09/2023
Posted inEconomy Nigeria House of Rep Order CBN To Stop Requesting Social Media Accounts For KYC.The House of Representatives has asked the Central Bank of Nigeria (CBN) to stop the… Posted by By Ekenedilichukwu 12/07/2023
Posted inEconomy Nigeria Bank customers get N115bn, $22.7m refund for failed transactions.According to the Central Bank of Nigeria no fewer than 35,453 complaints from bank customers… Posted by By Ekenedilichukwu 08/07/2023
Posted inEconomy CBN Ask Banks To Be Weary Of Money Laundering Transactions From Cameroon, Others. Recently, the Central Bank of Nigeria (CBN) has asked banks and other financial institutions to… Posted by By Ekenedilichukwu 07/07/2023