Nigeria prepares to launch stablecoin after lifting ban on cryptocurrency transactions The Nigerian Central Bank’s ban on cryptocurrency transactions, imposed in 2021 over money laundering and terrorism financing concerns, has now…
Nigeria’s Central Bank reverses ban on cryptocurrency transactions The Central Bank of Nigeria (CBN) has lifted its ban on cryptocurrency transactions, stating in a circular dated 22 December,…
Nigeria’s Central Bank cracks down on OPay for its weak identity verification system Chinese-owned mobile money platform, OPay, has been singled out Nigerian Central Bank (CBN) for its lax identity verification processes, due…
