{"id":433,"date":"2021-02-06T13:17:59","date_gmt":"2021-02-06T13:17:59","guid":{"rendered":"https:\/\/mydailybells.com.ng\/businessbells\/?p=433"},"modified":"2021-02-06T13:17:59","modified_gmt":"2021-02-06T13:17:59","slug":"atiku-faults-cbn-shutdown-of-cryptocurrency-transactions","status":"publish","type":"post","link":"https:\/\/mydailybells.com.ng\/businessbells\/atiku-faults-cbn-shutdown-of-cryptocurrency-transactions\/","title":{"rendered":"Atiku Faults CBN Shutdown of Cryptocurrency Transactions"},"content":{"rendered":"<h6><span style=\"color: #0000ff;\"><strong>Former Vice President Atiku Abubakar has faulted the decision of the Central Bank of Nigeria, CBN, to shutdown cryptocurrency operations<\/strong><\/span>.<\/h6>\n<p>&nbsp;<\/p>\n<p>The former Vice President noted that with Nigeria\u2019s economic crisis, the country needs all the help it can get to get out of its present economic quagmire.<\/p>\n<p>&nbsp;<\/p>\n<p>He said this in a statement titled, \u2018We Need To Open Up Our Economy, Not Close It\u2019, which he signed and made available to newsmen in Abuja, on Saturday.<\/p>\n<p>&nbsp;<\/p>\n<p>Atiku said, \u201cThe number one challenge facing Nigeria is youth unemployment. In fact, it is not a challenge, it is an emergency. It affects our economy, and is exacerbating insecurity in the nation.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWhat Nigeria needs now, perhaps more than ever, are jobs and an opening up of our economy, especially after today\u2019s report by the National Bureau of Statistics indicated that foreign capital inflow into Nigeria is at a four year low, having plummeted from $23.9 billion in 2019, to just $9.68 billion in 2020.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cAlready, the nation suffered severe economic losses from the border closure, and the effects of the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Vice President Atiku Abubakar has faulted the decision of the Central Bank of Nigeria, CBN, to shutdown cryptocurrency operations. &nbsp; The former Vice President noted that with Nigeria\u2019s economic crisis, the country needs all the help it can get to get out of its present economic quagmire. &nbsp; He said this in a statement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[15,4],"tags":[28,249,247,248,246],"class_list":["post-433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-economy","tag-cbn","tag-cryptocurrency-transactions","tag-faults","tag-shutdown","tag-vice-president-atiku-abubakar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Atiku Faults CBN Shutdown of Cryptocurrency Transactions &#8212; Business 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