BDC: CBN mandates sellers of $10,000 and above to declare sources
Feb. 24, 2024 The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their…
Cryptocurrency: Senate summons CBN Gov. Godwin Emefiele as some lawmakers call for regulation
The Senate has invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to brief its committees on the opportunities and threats of cryptocurrency on the nation’s economy….
CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency
The Central Bank of Nigeria has ordered all banks to close accounts of anyone who transacts in cryptocurrency. The order was contained in a circular to banks and other financial…