The eNaira digital currency since its emergence has brought major concern as the Central Bank of Nigeria (CBN) warns Nigerians to be cautious of cyber criminal who have been posting fraudulent messages in line with the recently launched eNaira using fake social media handles. CBN Director, Corporate Communications, Mr Osita Nwanisobi, said in a post […]
Tag: CBN vs Cryptocurrency
Central Bank of Nigeria (CBN) circular sent to commercial banks and other financial institutions surfaced online yesterday. Below is a concise explanation as to what the circular meant and why the CBN issued it. Cryptocurrencies over the years have gained popularity. The birth of bitcoin, the most valuable crypto, rose significantly four years ago. The […]