The Senate has summoned the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for a briefing on the ban of Crypto transactions placed by the apex bank.
The upper chamber made the order through its committees on Banking, Insurance and other Financial Institution, ICT and Cybercrimes and Capital Market.
Techeconomy.ng can report that the federal lawmakers disclosed this via their official Twitter handle after Thursday’s plenary session.
This medium gathered that the committees are expected to drill Emefiele on the opportunities and threats of the Cryptocurrency on Nigerian economy and give feedback in two weeks.
The tweet read: ”Senate resolves to mandate the Committees on Banking, Insurance and other Financial Institutions, ICT and Cybercrimes, and Capital Market to invite the CBN Governor for briefing on.
“The opportunities and threats of the Cryptocurrency on the nation’s economy and security and to report back findings within two weeks.”