FX crisis: Nigerian Govt to delist Naira from peer-to-peer platforms

The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms.

The Director General of the Securities and Exchange Commission, Emomotimi Agama, disclosed this during a virtual meeting with blockchain stakeholders on Monday.

This decision aims to tackle the manipulation of the local currency’s value in the foreign exchange market.