Finally CBN gives the main reason why they put ban on crypto in Nigeria, the fact is there are many bad eggs among the good eggs, online romance scammers are now using bitcoin as their benefactor to cashing out money easily with no traces, read news here
https://www.arise.tv/how-fbi-alerted-nigerias-central-bank-to-scammers-using-cryptocurrencies-to-defraud-the-west/The question is are white people so stupid that they will keep sending money to people they've never meet in real life? Honestly all this defrauding through romance and other ways have been going on since past years now, I expected all this to have come to an halt, the problem isn't even the scammers but people who allowed themselves to be used Interesting! Normally, the Nigerian government should be happy when foreign currency comes into the country, which Bitcoin more or less is, because Bitcoins can be exchanged for hard currencies like the US dollar or the euro. Therefore, I can only explain that the move is being considered because there is great pressure from other countries.