Under cryptocurrency and Bitcoin, Nigeria comes 2nd while in the global side of the economy, Nigeria comes 27th. We are still conducting our investigation and we will make our data available.” PEGASUS REPORTERS During the 279th MPR meeting held Wednesday 26th of May in Abuja, the CBN Governor, Godwin Emefiele assured Nigerians that digital currencies will have a place ...
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Reaction: CBN Circular in Crypto-currencies in Order ~ Otunba Olufemi Fadairo
As of today, the central banks worldwide are all against crypto (aka virtual) currencies. But as with homosexuality and Marijuana usage, maybe in the near future, cryptocurrencies would be acceptable by central banks in the world. Pegasus Report Nigerians have continued to react to Friday Central Bank of Nigeria’s directive banning deposit banks in the country from involvement in ...
Read More »What CBN’s Ban on Crypto Means for Nigerian Users and the Local Industry
Most crypto exchanges partner with NBFIs and OFIs like Flutterwave, Paystack, and Monify to transact with bank customers in Nigeria. The partnerships enable them to process debit cards and direct transfer transactions. Based on the instructions in the circular, those companies cannot continue to provide those services. BENJAMIN DADA | Impressive Reporting on Tech in SSA The Central Bank ...
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