‘Is it legal?’ Finance lawyers speak on bank account closures over crypto trading in Nigeria

At about 12:35am on Tuesday, one of my colleagues received an email from Ecobank.  It started with a few paragraphs reminding him of the Central Bank of Nigeria’s directive that banks should stop enabling cryptocurrency transactions. The crucial message was this: “…please be informed that any account identified as transacting or operating in cryptocurrency exchanges … Continue reading ‘Is it legal?’ Finance lawyers speak on bank account closures over crypto trading in Nigeria