The central bank’s directive only applied to banks, prohibiting them from processing transactions related to digital currencies, an official said.

The Central Bank of Nigeria announced its “Naira 4 Dollar Scheme” recently, targeting diaspora remittances.

Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that...

Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate...

The Central Bank of Nigeria believes the recent ban on digital currencies was in the best interest of the public,...

Senators want the Central Bank of Nigeria governor to brief its Banking Committee on why it ordered banks to shut...