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Senate invites CBN, SEC over cryptocurrency

by 21st Century Chronicle
February 11, 2021
in Finance
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The Senate has invited the Central Bank of Nigeria (CBN) Governor Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over the recent ban on the use of cryptocurrency in Nigeria.

It mandated its committees on Banking, Insurance, and other financial institutions, Capital Market, and that of ICT and cybercrime to invite Emefiele and Yuguda for clarification over the matter.

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Senate President, Ahmad Lawan, asked the joint committees to listen to Emefiele and Yuguda, and submit their report for the consideration of the Senate in plenary within two weeks.

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