Tag Archives: Bitcoin

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the apex bank, the Central Bank of Nigeria (CBN) to introduce measures that will curb the use cryptocurrencies as a channel for diaspora remittances. The call was made by the body during  its Quarterly Economic Review for the first quarter of of the year Acccording to ABCON, such ...

Bitcoin is gaining more prominence globally and Nigeria is definitely not lagging behind. A recent report indicated that Nigeria was a major hub of transactions in the digital currency. As a matter of fact, China and Nigeria lead the world’s peer-to-peer (P2P) bitcoin transactions in the year 2017 out-pacing major European countries, like the United Kingdom, and even the United ...