Browsing: New Oxford Science Academy

Just months after the Nigerian government banned regulated financial institutions in the country from providing cryptocurrency-related services, a school in the West-African country is set to start accepting cryptocurrency as a means of school fees payment.

The Central Bank of Nigeria (CBN) in February issued the ban through an announcement that was made via a circular.

However, New Oxford Science Academy, a private secondary school in Kano State, Nigeria, has announced its intentions to start using the cryptocurrency-related services again.

Reports indicate that the Proprietor of the school, Sabi’u Musa Haruna, will allow students to pay their tuition fees in cryptocurrency.

Speaking to journalists in Kano on Saturday, the proprietor stated that the school management took the decision after consulting parents and guardians.

Also Read: ECOWAS unveils new roadmap for single currency launch

He also took the opportunity to urge the Nigerian government to embrace and regulate cryptocurrency, four months …