The Federal Government of Nigeria, through the Securities and Exchange Commission has announced plans to delist the naira from all P2P platforms. This is aimed at tackling the manipulation of the naira’s value in the forex market.
This was made known by the DG SEC, Emomotimi Agama in a meeting with blockchain stakeholders on Monday the 6th of May 2024.
According to the Commission, new regulations will be rolled out in the coming days.