The Central Bank of Nigeria (CBN) Warns against Bitcoin and cryptocurrency transactions 

Dear Customer, The Central Bank of Nigeria (CBN) has advised that cryptocurrency is not a  legal tender in Nigeria and has cautioned against transacting in them. 
In order to guarantee the security of our customers’ funds,  Banks will monitor accounts being used for cryptocurrency transactions and may impose restrictions including closure of such accounts. 

CBN appreciate your patronage and we are committed to providing you with simpler, smarter banking services that best protect your interest and guarantee the security of your funds.  
For enquiries, please call UnionCare – our 24/7 Customer Service Centre on 0700 700 7000 or chat with us via WhatsApp on 09070070001.
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