Nigerians cry blood as Banks begin closure of accounts of Crypto dealers

The Central Bank of Nigeria, CBN who recently was flagged for  for plagiarising eNaira policy document has once again gone all out to hunt Nigerians who seem to be trading on Cryptocurrency.

So many accounts of individuals are being blocked and asked to explain the reasons for the steady inflow in their accounts.

The apex bank headed by the embattled Godwin Emefiele is on a rampage and is actively going after Binance P2P users, in conjunction with the banks especially FCMB, Kuda and Gtbank  in particular.

The past 2 days have been an account restriction and closure rampage for young Nigerians who use crypto, Binance, Paxful, Patricia, Luton, etc.

Everyone who does P2P transactions on those platforms is having their bank accounts closed.

See excerpts below..

On the contrary, the banks are forcing Nigerians to download their own eNaira app by sending several unsolicited sms.

It’s such a pity such that most youths are lamenting and wondering why the CBN is bent on frustrating their cryptocurrency business.

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Echezonam Ibezim Jk

A chemical engineer with cognitive flair for creative writing . He writes for fun and renders his reportage humorously to keep you entertained . His avid love for food inspires him the most as he hopes to make his blog a real entertainment hub.

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