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CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency

kizinho

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3 years ago

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NAIJA NEWS: CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency [New Naija News] » Naijacrawl
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CBN has went further after banning the use of Cryptocurrency, now they are giving orders to bank to block all accounts that have been transacting with Cryptocurrency.

Read Also : Nigerians react after CBN Orders close of Cryptocurrency in the Country (photos)


From the news reaching us now CBN has issued a final warning stating that Banks to close all accounts transacting In cryptocurrency

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kizinho
 

Adike Kizito is a top-rated software developer, blogger, sports, and entertainment lover. He is the CEO of these popular websites Naijacrawl.com and Mp3ager.com. He operates his software developing task through Kizzsoft.com,... Read More

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Naija News

Buhari Government Orders Commercial Banks To Issue National Identity, NIN Cards To Nigerians

Mee_dey0

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1 year ago

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NAIJA NEWS: Buhari Government Orders Commercial Banks To Issue National Identity, NIN Cards To Nigerians [New Naija News] » Naijacrawl
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Isa Pantami, Minister of Communications and Digital Economy, disclosed this on Wednesday in Abuja, saying the issuance comes at no cost.The President Muhammadu Buhari-led Nigerian government has said that Nigerians can now request their commercial banks to issue them with a debit card that doubles as their national identity card.Isa Pantami, Minister of Communications and Digital Economy, disclosed this on Wednesday in Abuja, saying the issuance comes at no cost.Pan...
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Naija News

Mint Note: CBN Imposes 150 Millions Fine on Banks

Piroll

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1 week ago

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NAIJA NEWS: Mint Note: CBN Imposes 150 Millions Fine on Banks [New Naija News] » Naijacrawl
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The Central Bank of Nigeria (CBN) has taken a firm stance against the illegal flow of freshly minted naira notes to currency hawkers and other unscrupulous agents by imposing a penalty of N150 million per branch on erring Deposit Money Banks (DMBs).This comes as part of measures to curb the commodification of Naira notes, which the CBN says undermines efficient cash distribution to Nigerians.In a circular issued on December 13, 2024, and signed by the Acting Directo...
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Naija News

CBN Decreases LDR for Banks

Piroll

Published

8 months ago

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NAIJA NEWS: CBN Decreases LDR for Banks [New Naija News] » Naijacrawl
Photo: Naijacrawl
In a recent circular titled ‘Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy’, the Central Bank of Nigeria (CBN) shed light on critical regulatory measures aimed at enhancing lending to various sectors. Signed by Adetona Adedeji, the acting director of the banking supervision department, the circular underscores the importance of aligning with current monetary tightening policies.One of the key focal points highlighted in the circula...
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