The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Bank’s decision to prohibit deposit money banks, non-banking institutions and Other Financial Institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr. Emefiele made the declaration on Tuesday, February 23, 2021, […]

The securities and Exchange Commission, has stated that it is committed to enhancing financial inclusion in the country through technology. Director General of the SEC, Mr. Lamido Yuguda stated this at the joint session of the Senate Committee on Banking, Insurance and other Financial Institutions, Capital Market and ICT and Cyber Crime in Abuja, Tuesday. […]

Following the sudden rise in value and acceptability of Cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure to issue sovereign digital currency. An Economist and Chief Executive Officer, Global Analystics Tope Fasua who disclosed this on Tuesday at […]