Tinubu Orders Regulatory Watch, Monitoring of Digital Currencies
[NigerianEye - Nigeria] - 10/09/2025
President Bola Tinubu has directed the Central Bank of Nigeria (CBN) and other financial regulators to ramp up oversight of digital currencies, including stablecoins, amid concerns over their rapid adoption outside traditional banking channels. The move signals a proactive stance to balance innovation with financial stability in Nigeria's evolving digital economy.Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja on Tuesday, Tinubu, represented by Minister of Finance and Coordinating Minister of the Economy, Wale (…)
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