The Central Bank of Nigeria announced last month that dealing with cryptocurrency was banned. However, such a statement was only applicable to Felix Mollen is a Nigerian businessman. The clarification was made by Adamu Lamtek, the Bank's Deputy Governor, on behalf of the Bank's Governor, Godwin Emefiele. The CBN did not impose any restrictions on the use of cryptocurrency, according to Lamtek. We're not trying to scare people away from investing in it.