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FG to Remove Naira from P2P Platforms

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The Federal Government has annouced plans to remove the naira from all peer-to-peer (P2P) platforms to combat foreign exchange market manipulation.

This was announced by Emomotimi Agama, the Director General of the Securities and Exchange Commission.

The move follows increased scrutiny of cryptocurrency exchanges, with Binance halting its naira services on March 8.

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