FG plans to delist naira from P2P platforms

BusinessNews
By Toyibat Ajose
FULL LIST: 4,173 BDC Operators barred by CBN
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The federal government has vowed that it will remove the naira from all peer-to-peer (P2P) exchanges.

The Securities and Exchange Commission’s Director General, Emomotimi Agama, made this announcement during a virtual conference with blockchain stakeholders on Monday.

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This resolution seeks to counteract manipulation of the value of the local currency in the foreign exchange market.

In past months, the nation’s regulatory bodies have started looking into and closely examining cryptocurrency exchanges.

Toyibat Ajose 12488 posts 0 comments

Toyibat is a dedicated and results-driven professional with a strong background in media, education, and communication. Possessing exceptional interpersonal skills, a resourceful and innovative mindset, and a commitment to excellence. Proven ability to adapt quickly, meet targets, and prioritize readers satisfaction. Adept at both journalism and teaching roles, offering a unique blend of skills and experiences. Have over two years experience in Journalism and three years as a teacher. Self driven researcher.

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