Central Bank of Nigeria

Nigerian Fine For Binance Is $10 Billion Following Exchange Crackdown

The Nigerian fine for Binance is $10 billion following a crackdown on the cryptocurrency exchange platform.

9 months ago

Central Bank Of Nigeria Crypto Ban Now Removed

The bank has lifted the Central Bank of Nigeria crypto ban, citing the need to regulate virtual asset service providers…

11 months ago

Over $1.8 Billion Was Spent By The Nigerian Central Bank On Managing Local Currency

Key Points: Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), testified before Nigerian lawmakers that more…

2 years ago

Central Bank Of Nigeria Increases CBDC Use By Restricting Cash Withdrawals

Nigeria is pushing hard in the adoption of digital currency and moving towards a cashless society as the country's central…

2 years ago

Nigeria’s ATM Withdrawal Limit Is $45 A Day To Promote The Use Of CBDC

To encourage the usage of the eNaira, Nigeria has dramatically curtailed the amount of currency that people and businesses can…

2 years ago

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