Some financial experts on Wednesday in Ibadan, Oyo State, lauded the ban placed on Cryptocurrencies in Nigeria by the Central Bank of Nigeria (CBN). They told the News Agency of Nigeria (NAN) that the move was necessary considering nefarious activities that could be carried out under the guise of secrecy that shrouds cryptocurrencies. Mr Tunji […]

By Babajide Komolafe The Central Bank of Nigeria (CBN) yesterday said its decision to ban the use of cryptocurrencies in the country is to protect Nigerians and the nation’s financial system from the illegal nature of such currencies and the inherent risks associated with them. Recall that on Friday, the CBN ordered banks to close […]

Experts in the financial sector of the economy have rolled out implications of the Central Bank of Nigeria’s, CBN directives on cryptocurrency.

Archbishop Samzuga has reacted to the Central Bank of Nigeria’s (CBN) new order on Cryptocurrency. The Apex bank had directed Deposit Money Banks (DMBs) and other financial institutions to close accounts of persons who are using their systems for cryptocurrency trading. Reacting to the shocking news, Archbishop Samzuga, the CEO of one of Africa’s fastest […]

Oluwasegun Kosemani popularly called Lamilami is a popular face on Nigerian TV, especially in the entertainment industry, where he was presenter and VJ with music channel, Nigezie, for over 5-years. The University of Lagos graduate also had a brief stint working as personal assistant on media to the house committee chairman on infrastructure in 2008. […]