Poverty, ill-informed people leading Nigeria – Dj switch reacts to Crypto ban

Poverty, ill-informed people leading Nigeria – Dj switch reacts to Crypto ban
Poverty, ill-informed people leading Nigeria – Dj switch reacts to Crypto ban


A Nigerian disc jockey, Obianuju Catherine Udeh, also referred to as DJ Switch, has reacted to the ban on cryptocurrency transactions or crypto exchanges in Nigeria by the financial institution.

CBN on Friday during a circular signed by the Director of Banking Supervision, Bello Hassan instructed all financial institutions within the country to shut accounts of those engaged in crypto transactions.

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The apex bank also warned that a breach of the directive will attract severe regulatory sanctions.

However, Dj Switch while reacting to the event on her Twitter page alleged that Nigeria is travel by ‘ill-informed and backward promoting dinosaurs’

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She advised the govt to rather use its time in investigating accounts of sponsors of terrorism within the country instead of making such decrees.

Her tweet read: “If the ban on crypto by CBN is true ehn, it points once more to the ill-informed, backward, poverty promoting dinosaurs leading us.

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“Use some time to research and shut accounts sponsoring terrorists within the country if you don’t know what to do!

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