You Are Free To Use Bitcoin, Others In Nigeria – CBN Governor, Emefiele

The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country.

Update: Senate summons CBN Governor over Crypto ban

The Senate has mandated it’s Committees on Banking, Insurance and other Financial Institution, ICT and Cybercrimes and Capital Market to invite the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele for briefing on the ban of Crypto transactions placed by the apex bank.

This was disclosed by the Senate via its Twitter handle after Thursday’s plenary session.

Why Nigerians trade in crypto, $500m worth of bitcoin traded in 5 years by Nigerians -Moghalu

A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last 5 years.

This is as the former Presidential Candidate, who was once in charge of the financial systems directorate at the CBN said that many Nigerians trade in these cryptocurrencies because it protects them from the fluctuations in the value of the naira.

BREAKING: CBN orders banks to close cryptocurrency accounts

The Central Bank has ordered banks and other financial institutions to identify persons and entities operating cryptocurrency exchanges and close all such accounts.

It stated that dealing with cryptocurrencies and facilitating payments through them are illegal in the country.

What is your Salary?

What is your Salary ? Please be Sincere …

Sorry I am not interested in the amount but the type of salary.

My friend, there are different type of salaries.

You will not understand unless you read to the end

There is no average income.

The rich are becoming richer,

while the poor are getting poorer.

There is no middle class cos it has completely disappeared.

Salary, is a specific amount of money that an employee is paid for work done.

The big question is Which type do you earn?