CBN CRYPTO BITCOIN BAN: Adamu Garba Says Investing In Cows Is Better Than Cryptocurrency—Former Presidential Candidate and Businessman, Adamu Garba has called on Nigerians to invest in Cattle in the wake of a widely-criticized ban on Cryptocurrency by the Nigerian Government.
The Genius Media Nigeria reports that Garba, a controversial political figure, hailed the directive adding that it would limit the activities of fraudsters who swindle ordinary Nigerians of their hard earned money.
“Better Investments! Those who might have lost their monies through a shortcut business called Crypto should learn to invest on real assets, like cows, which assured of huge returns on investment.”
“Cow Ranching business is more lucrative than all cryptocurrencies combined.”
“Crypto traders are supposed to be regularized so that they can be tracked in the event of cheats.”
The Central Bank of Nigeria, CBN announced on Friday that all deposit Money Banks (DMBs), other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) will shut down all transactions involving cryptocurrency.
