Central Bank of Nigeria

Total 2 Posts

Central Bank of Nigeria's guidelines on cyber security risks

The Central Bank of Nigeria (CBN) has issued a letter and a draft document outlining how financial institutions in the West Afrikan country should deal with cyber security related risks. The main reason it has issued the draft "risk-based cyber-security framework", CBN explains, is because of the recent

According to the Central Bank of Nigeria, Bitcoin is a gamble

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that cryptocurrencies, and Bitcoin, are a gamble. Emefiele said this in an interview with Bloomberg where he explained the CBN's position on cryptocurrencies. This is not the first time that the CBN has expressed negative sentiment towards