The only good thing about this is that those useless Nigerian police will not be searching people's phone looking for crypto apps again. As for the yeye ban, guys been dey trade steady all the while and dey fund and withdraw from wallets from their bank accounts. The ban was actually useless, na olopa Dem use am dey cashout

kenny714433:
Oh! So they even banned it 😂
Tell me what I don't understand. Maybe I've been trading crude oil these while and not crypto..

🤡🤡

All the while that you have been trading it, whenever it comes to paying someone or receiving payment for digital assets have you been boldly declaring the purpose for the payment as cryptocurrency?

NO I guess.

Reason you didn't know it was banned before.

If you are not aware, people who mistakenly put Crypto in the description had their account frozen.

You didn't know this or you just dey whine me ni ?

Ihateheadslamer:
According to tinubu, you are free to engage in yahoo yahoo it is your birthright

Engage in whatever brings you profit online... Just pay your taxes!

The nation needs serious revenue streams!

Please lift ban on our bank card tooo... atleast if it's 100$ pere I will appreciate ...abeg bikonu

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

You are olodo and intellectually empty for comparing Lagos with anambra

TemplarLandry:
Way to go!
This govt seems to be alive to modern-day realities.

Which government?

Are you sure you read the article?

Buhari lifted the ban, oga.

Na wao

TemplarLandry:
Way to go!
This govt seems to be alive to modern-day realities.

Did you read the article?

BrownSugq:

He will not be there for long

It is no longer "he will never be sworn in"

Can we buy with our bank card now ?

kokoA:
Buhari should have been president of Kuvuki land.. Stone age somebody.

Stop writing trash.

Buhari lifted the ban.

Read the article and stop disgracing yourself

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LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Instead of doing sycophancy, pls always try and read.

May 28, 2023: President Muhammadu Buhari signs the 2023 finance bill into law. The law introduces a 10 percent taxation of gains on the disposal of digital assets including cryptocurrency. The law is effective as of May 1, 2023.

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Lol was crypto really banned in the frist place cos ive been trading on it since God knows when. Are they trying to make us believe it was banned or what? This news is really funny🤣😂🤣🤣

Why are people calling buhari names whereas it was he who passed this into law and not tinubus government.

We have been waiting for this. Good one

Angelfrost:


Engage in whatever brings you profit online... Just pay your taxes!

The nation needs serious revenue streams!

Yeah

talk2hb1:

I guess they Ban it because it’s fast becoming a threat to Nigeria stock exchange market, nobody (most Nigeria youths) are not trading Nigeria stocks.

You guys love self delusion.
Many of your goons who claimed bitcoin will replace the dollar ended up losing millions.

How is crypto a threat to stock exchange?
Do you think the likes of Dangote, Elumelu and Otedola are on binance
struggling for p2p?

Crypto on Nigeria is dominated by 3 groups, cybercriminals, ponzi schemers and some
tech savvy enthusiast. None of those groups are a threat to the stock market.

You can't really tax crypto profits. How do you tax Dex trades? 90% of my trades happen on Dex and 100% of my fiat cashout happens on P2p. They can only tax institutions and noobs and those who choose to submit.

jmoore:

Tinubu can turn cocaine to money. It is on record he forfeited 460,000 dollars to USA government, which were proceeds of drug trafficking.

For a 'first class' accountant to say 'na statistics we go chop?' during campaign shows how ignorant he is to downplay the importance of statistics.
Calling philosophy a shitty course is a proof of ignorance. Martin Luther King jnr, Thomas Jefferson, George Soros studied philosophy.

when it comes to governance Tinubu stats dwarfed that of Obi in every ramifications.

He's not saying Stats are not good but what's the use of stats when your people are hungry will they chop stats?

saintjimos:
So why banned it In the first place

Go to daura ń ask Buhari

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

STOP SPREADING LIES. TINUBU DID NOT HAD FIRST CLASS.

LeoDeKing:
Tinubu will not leave any stone unturned. Tinubu can turn waste to money, first class isn't something you can plug from a tree.

The difference between first class in accounting and 3rd class in one shitty course is like the difference between Albert Einstein and SS1 Physics students.

A practical case in point is Lagos and Anambra as a case study.

Have you been to anambra??

lomprico:
The only good thing about this is that those useless Nigerian police will not be searching people's phone looking for crypto apps again. As for the yeye ban, guys been dey trade steady all the while and dey fund and withdraw from wallets from their bank accounts. The ban was actually useless, na olopa Dem use am dey cashout

Better be careful.
The police will continue to search.
The same police who extort people because of Telegram or Wise won't stop.
The ban was just an excuse.

ExudeLoveToAll:


Comparing apple and oranges shows you have a long way to go, why don't you compare states that were created together? You compared a state that has gotten all the freebies as a nation headquarters for donkey decades and one that almost developed by its own hardwork and just 3decades old.

Even at that Anambra states has done excellently well.

Critical thinking skills has really gone to the dust.

That is the lie they tell you, or the lies that you belive. lagos like any other states had faced a military dictatorship hassle. Lagos prior democracy in 1999 had returned as a normal state, the IGR at the time was a meagre 600M with population of less than 7million, that is one. Lagos is strategically placed by providence such that, whichever way, Lagos will thrive irrespective, in addition to hospitable people of Lagos, that is two. Pre-independence, Lagos was already thriving state, which was why it was selected as the capital, and not the other way around. At the time, the only other place that could compete with it was Ibadan. While lagos was prospering pre-independence, in the East, they were still practicing barbarism, killing the missionaries, killing twins, using their women as farmers, women were never allowed to express themselves, nor partake in decision making. I will school you bit, i will reserve other points for when you respond without facts. Calabar was a former capital, what is the outcome? The progress of Lagos expressly started from Jakande, he massively improved Lagos, even with that, the northerners that ruled during the military regime were anti-development in Lagos. The rapid progress began in 1999 despite opposition (PDP-OBJ) - the IGR increased, despite the relocation of Capital to Abuja in Dec 1991, 8 years later, from 7M and 600M IGR, it rose to over 20M with IGR of over 45billion. Policy changed Lagos. Lastly, see what is the contribution of Lagos to FIR monthly, and see what we get in return, if it were to be some other states, they will today be formenting trouble, and claim higher derivation formula. Lagos is your father, in all aspect. In the 80s, Ghanaians, Togolese, Beninoise and other nationalities largely trooped into Lagos, it has always been a hub for prosperity by providence, there isn't anything anyone can do about it. More of it is the natural ambience, the culture, the tolerance, hospitality, accommodating and education of the people.

CodeTemplar:
This is what the hateful herder should have done .

sonature1:


Stop writing trash.

Buhari lifted the ban.

Read the article and stop disgracing yourself

Who placed the ban Oga?

Make i go mine PI

The crypto companies will. Their compliance team is obligated to do so or they will get sanctioned.

LikeAking:
Who go pay the task na?

I don't trade crypto currency's....

kokoA:
Buhari should have been president of Kuvuki land.. Stone age somebody.

Dialpad:
This is indeed a smart move by the government.

Many crypto companies began to collapse, while others folded up due to loss of Nigeria customers

There's a way of trading without them knowing via p2p platform so I wonder how they're going to implement it