U.S. markets open in 2 hours 15 minutes

  • S&P Futures

    4,653.50
    +10.50 (+0.23%)
     

  • Dow Futures

    35,930.00
    +101.00 (+0.28%)
     

  • Nasdaq Futures

    16,066.25
    +43.50 (+0.27%)
     

  • Russell 2000 Futures

    2,414.20
    +6.10 (+0.25%)
     

  • Crude Oil

    80.10
    -1.49 (-1.83%)
     

  • Gold

    1,851.80
    -12.10 (-0.65%)
     

  • Silver

    25.05
    -0.26 (-1.01%)
     

  • EUR/USD

    1.1451
    -0.0003 (-0.02%)
     

  • 10-Yr Bond

    1.5600
    0.0000 (0.00%)
     

  • Vix

    17.27
    -1.46 (-7.79%)
     

  • GBP/USD

    1.3394
    +0.0027 (+0.20%)
     

  • USD/JPY

    114.0200
    -0.0260 (-0.02%)
     

  • BTC-USD

    63,984.88
    -903.82 (-1.39%)
     

  • CMC Crypto 200

    1,578.39
    -19.59 (-1.23%)
     

  • FTSE 100

    7,361.74
    -22.44 (-0.30%)
     

  • Nikkei 225

    29,609.97
    +332.11 (+1.13%)
     

Nigeria Central Bank Accused of ‘Financial Terrorism’ Amid Crypto Clampdown

Jeffrey Gogo

BeInCrypto –

The Central Bank of Nigeria (CBN) has intensified its clampdown on cryptocurrency users. In the last few days, it specifically targeted young Nigerians aged between 18 to 30 years, with a directive to legacy banks to flag and shut down individual and corporate accounts linked to bitcoin and other crypto-assets.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto

Recommended Stories

  • Belarus Threatens EU Gas as Merkel Pushes Putin in Migrant Spat

    (Bloomberg) -- Belarusian President Alexander Lukashenko threatened to shut down a key pipeline carrying Russia gas to the European Union, escalating a dispute flaring over migrants seeking to cross from his country into the EU.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticDo Prisons Deserve a Second Chance?Together with the U.K. and U.S., the bloc is planning

  • Biden Faces Pleas for Oil Export Ban That Would Upend Markets

    (Bloomberg) -- President Joe Biden faces growing pressure even from fellow Democrats to address rising gasoline prices with measures such as a ban on oil exports, a move that could upend global markets, discourage shale drilling and end up not helping American drivers that much. Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisDo Prisons Deserve a Second Chance?Greece’s Popular Islands Are Crowded — With PlasticI

  • U.S. Warns Europe That Russia May Be Planning Ukraine Invasion

    (Bloomberg) -- The U.S. is raising the alarm with European Union allies that Russia may be weighing a potential invasion of Ukraine as tensions flare between Moscow and the bloc over migrants and energy supplies.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticHong Kong's New Museum Tries to Please Art World — and BeijingWith Washington closely monitoring a build

  • Biden Team Debates Whether to Act Fast on Oil Prices or Wait

    (Bloomberg) -- The White House is debating whether to act immediately to try to lower U.S. energy prices or hold off on dramatic measures in the hope markets settle, as President Joe Biden’s concern about inflation runs up against climate, trade and foreign policy considerations.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticHong Kong's New Museum Tries to Plea

  • 'Stagflation is the message' as prices spike to 30-year highs: Morning Brief

    After Thursday’s bad news that consumer prices in October ran hotter — at over 6%, the hottest they’ve been since the first Bush administration, to be exact — than Wall Street expected, most of the emphasis has been on the reaction in stock markets, where frothy prices pulled back from record highs.

  • Analysis-U.S. oil refiners bet the farm Biden will back them on biofuels

    U.S. merchant oil refiners like Monroe Energy and PBF Energy Inc are playing chicken with the White House, taking moves in the biofuels credit market that could force them to close plants and fire union workers unless the Biden administration bails them out by changing the rules on blending biofuels in gasoline. Merchant refiners have long tried to dismantle a U.S. law requiring them to blend biofuels like ethanol into their fuel or buy credits from competitors who do.

  • Fox ‘Straight News’ Anchor Stunned to Learn Biden Actually Runs the White House

    Fox NewsFox News anchor Harris Faulkner had her conspiratorial bubble surprisingly burst on Thursday by Ari Fleischer of all people, who unequivocally told her that President Joe Biden does actually control the White House.After spending an inordinate amount of her Thursday morning interview with the former Bush flack discussing the right-wing outrage du jour—that Vice President Kamala Harris supposedly used a French accent—Faulkner, who has long been touted by Fox News as one of its “straight n

  • Indian Crypto Companies to Meet With Lawmakers Next Week: Report

    A number of India’s most prominent crypto firms are set to meet with the government next week to provide their views on the industry.

  • A ‘Made in America’ tax credit — what car buyers considering a Tesla, Rivian or other EVs need to know about Build Back Better

    Car buyers in the market for an electric or hybrid vehicle are attuned to the last-minute wrangling for a spending bill that proposes expanding the EV tax credit to up to $12,500, including for more expensive cars, and offers a lower income cutoff for eligible buyers than previous benefits.

  • Vaccine company asks for Javid apology over approval comments

    Valneva, which has a production facility in Scotland, had its contract to supply 100 million doses torn up by the UK Government in September.

  • Kyle Rittenhouse Worship Is Just the Beginning for Twisted GOP

    Photo Illustration by Elizabeth Brockway/The Daily Beast/GettyFor the modern conservative movement in America, it’s accountability for thee, and none for me. Cruelty for you, but civility for me. And, every day, you must concede to white supremacy, or be canceled by the increasingly radicalized and weaponized GOP.This oppressive, maddening double standard—and their vision for the future of our diverse country—is exquisitely captured in the farcical trial of Kyle Rittenhouse, who drove across sta

  • Dutch face three-week, partial lockdown as COVID-19 cases soar

    Bars and restaurants will close early and sporting events will be held without audiences under a three-week, partial lockdown that is expected to be announced in the Netherlands on Friday evening. Dutch broadcaster NOS said the first such measures in Western Europe since the summer will go into effect on Saturday evening in a bid to stop a surge in COVID-19 cases, which hit a record on Thursday. People will be urged to work from home as much as possible, and no audiences will be allowed at sporting events in the coming weeks, including top-level soccer matches.

  • Soy Sauce Is Getting More Expensive as Inflation Hits Daily Life

    (Bloomberg) -- Higher prices for gasoline and kitchen essentials are already squeezing Japanese companies and households, raising concern about the strength of an economic rebound as Prime Minister Fumio Kishida mulls a stimulus package. Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticHong Kong's New Museum Tries to Please Art World — and BeijingKikkoman Corp. s

  • Kremlin says Lukashenko did not consult it on threat to cut Russian gas supplies

    The Kremlin said on Friday that Belarusian leader Alexander Lukashenko had not consulted Moscow before raising the possibility of cutting natural gas flows to Europe, and that Russia was a reliable exporter that fulfilled its obligations. Lukashenko threatened on Thursday to retaliate against any new European Union sanctions over a migrant standoff on the Belarus-EU border, including by shutting down the transit of natural gas and goods via Belarus. Speaking to reporters on a conference call, Kremlin spokesman Dmitry Peskov said Lukashenko's threat had not been coordinated with Moscow.

  • Gas-Hub Plan Turns Urgent for Tanzania as Climate Concerns Rise

    (Bloomberg) -- Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticHong Kong's New Museum Tries to Please Art World — and BeijingTanzania is targeting to sign agreements with companies led by Equinor ASA and Royal Dutch Shell Plc within six months, a move that will help revive a $30 billion natural gas project that’s been languishing for five years.The so-called Hos

  • White House Team Weighing Fed Sees No Issue With Powell Trades

    (Bloomberg) -- Top White House officials don’t believe that Federal Reserve Chair Jerome Powell’s sale of shares in a stock index fund last year disqualifies him from being appointed to a second term, according to people familiar with the matter.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on ‘Post-Apocalyptic’ Food CrisisGreece’s Popular Islands Are Crowded — With PlasticHong Kong's New Museum Tries to Please Art World — and BeijingSeveral

  • Chris Christie Dishes on What Turned Him Off Working for Trump

    Photo Illustration by Elizabeth Brockway/The Daily Beast/GettyWhen Chris Christie withdrew from consideration to be Donald Trump’s White House chief of staff in 2018, multiple outlets reported it was for family considerations and that the ex-governor was not officially offered the gig.But that may not be the full story. In his new book, Republican Rescue, due out next week from Threshold Editions and obtained by The Daily Beast, Christie claims that he was, indeed, offered the powerful position—

  • White House forced to confront inflation as Americans face rising prices

    After writing off inflation as a temporary challenge, the White House is now confronting the issue as it stands to get in the way of passing major social spending legislation. Plus, President Biden will hold a signing ceremony for the bipartisan infrastructure bill on Monday. CBS News senior White House correspondent Weijia Jiang, NPR White House reporter Franco Ordoñez and Politico White House correspondent Chris Cadelago join CBSN "Red and Blue" anchor Elaine Quijano with the latest.

  • Biden speaks at Arlington on 1st Veterans Day in 20 years US not at war

    President Joe Biden observed his first Veterans Day as commander in chief with remarks at the Tomb of the Unknown Soldier at Arlington National Cemetary and said it was "the single greatest honor" he's been afforded as president to stand before veterans and Medal of Honor recipients to speak about Veterans Day. "Today we pay homage to the unrelenting bravery and dedication that distinguishes all of those who earned the title of 'American Veteran,'" Biden said to the crowd of observers. "Each of our veterans is a link in a proud chain of patriots that have stood in the defense of our country -- from Bunker Hill to Bellow Woods, Gettysburg to Iwo Jima, Chosin Reservoir to Kunar Valley -- each understood the price of freedom, and each shouldered that burden on our behalf," he said.

  • Xi Jinping ensures his future with a resolution that rewrites China's past

    Before Thursday, only two Communist Party leaders have been powerful enough to rewrite China's history. Xi Jinping is now the third.