Perhaps the shutdown on Bitcoin or cryptocurrency has started? Nigeria is by no mean a small country in the Bitcoin world. According to the article the trading volume is up to $500mil and second only to US. This action by the central bank appears to be quite sudden, even though there has a warning against its use in 2017. Perhaps the central banker has received words from other bigger central bank (out of altruism?), that something drastic on the Bitcoin front is about to happen? Being a poorer nation and yet so heavily involved in Bitcoin trading, any action taken to shutdown Bitcoin without prior notice to the Nigerian central bank will have a devastating consequence to Nigeria.
Just my two cents worth of thought.
Nigeria's Central Bank takes aim at cryptocurrency again — Quartz Africa (qz.com)
Cheers.
Ann: Quarterly Activities Report, page-122
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