Kingsley Moghalu on Cryto ban by Central Bank of Nigeria
A Nigerian political economist and Presidential aspirant who served as former deputy governor of financial system stability at the Central Bank of Nigeria, Prof Kingsley Moghalu, has advised the CBN not to demonize cryptocurrencies as every payment service is affected by fraud. According to Moghalu, “#Cryptocurrency Innovation is a fact of life. And, with Nigeria…

CBN bans Cryptocurrency
Central Bank of Nigeria ban Cryptocurrency Exchange. Cryptocurrency trading banned in Nigeria following a circular by Central Bank of Nigeria sent to commercial banks and other financial institutions prohibiting them from operating accounts used for cryptocurrency exchanges and mandating them to shut down all existing crypo exchangers account. What is Cryptocurrency and how has it…