Friday, February 5, 2021

BREAKING: CBN Bans Crypto Currency In Nigeria

The Central Bank of Nigeria has ordered the immediate closure of every accounts that is currently trading with crypto currency.

This is according to a letter from the nation’s number one bank to all the Deposit Money Banks (DMBs) Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs) as well as the members of the public.

The letter also mandated all the concerned parties to immediately fish out the accounts involved in such deals and close them immediately.

The statement finally added that defaulting bodies would be sanctioned heavily.

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