A significant number of Nigerians linked to crypto trading have allegedly had their bank accounts closed by their respective banks.

This is in lieu of Nigeria’s apex bank directive prohibiting banks and other financial institutions from dealing in crypto-related transactions. The CBN clearly instructed banks to adhere to the directive with immediate effect which has probably led to why such bank accounts were immediately shut down.

a customer affected was told by his bank that in line with the CBN directive on cryptocurrency operation in Nigeria, the individual account was henceforth inactive.

Following keenly

E be bigger things

While the world is already exploring the future potentials of cryptocurrency as a major financial market, our useless government is shutting accounts.This tells a lot about the backwardness of the leadership therein.