<img width="308" height="91" src="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg" class="default-logo" alt="Nigerian NewsDirect" decoding="async" srcset="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg 308w, https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2-300x89.jpeg 300w" sizes="(max-width: 308px) 100vw, 308px" />

<img width="308" height="91" src="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg" class="default-logo" alt="Nigerian NewsDirect" decoding="async" srcset="https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2.jpeg 308w, https://nigeriannewsdirect.com/wp-content/uploads/2024/07/NigeriaNewsDirect-1-e1708311618417-2-300x89.jpeg 300w" sizes="(max-width: 308px) 100vw, 308px" />

crypto policy

Money market

CBN hits Stanbic IBTC, others N800m fine over violation of crypto policy

The Central Bank has fined four banks for flouting its directive on cryptocurrency transactions. The CBN had in February 2021 ordered all banks to close accounts of anyone who transacts in cryptocurrency. According to the CBN, dealing in cryptocurrency or…

NewsDirect
April 8, 2022