JUST IN: FG to delist naira from P2P platforms


The Federal Government has announced plans to delist the naira from all peer-to-peer (P2P) platforms.


The Director General of the Securities and Exchange Commission, Emomotimi Agama, made this disclosure in a virtual meeting with blockchain stakeholders on Monday.

- Advertisement -


This decision aims to tackle the manipulation of the local currency’s value in the foreign exchange market.

- Advertisement -


The country’s regulatory authorities have been investigating and scrutinising cryptocurrency exchanges in recent months.



On March 8, the biggest cryptocurrency exchange, Binance, stopped its naira services.


Details later…

We do everything possible to supply quality news and information to all our valuable readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.


-Want to get the news as it breaks?-