INVESTIGATION OF THE CBN CRYPTOCURRENCY BAN POLICY IN NIGERIA AND PUBLIC PERCEPTION
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The main focus of this study is to find out the public perception of the CBN ban policy on cryptocurrency trade in Nigeria using Lagos State as case Study. The study adopted a survey research design and with the aid of convenient sampling method, the researcher enrolled 80 participants in the study who are Crypto currency investors and as well resident of Ikeja in Lagos State. A total of 77 responses were received and validated from the enrolled participants. Data was analyzed in simple percentage using frequencies and tables.Hypothesis was tested using ANOVA statistical tool (SPSS). Findings from the study revealed that there is no positive perception about the CBN Crypto currency ban in Nigeria and thus there was no significance difference in the public perception as all were negative towards the ban. The study therefore recommends Nigeria government should regard cryptocurrency as a means of exchange, and its acceptance will aid the required regulation needed to guide against the use of it for crime and related matters. Also, with positive government intervention, and enabling environment to explore 21st century opportunities of this offered by the cryptocurrency as more market will be created for it in the economy and hence relieve the burden of unemployment.
Related Project Materials
SOCIAL STUDIES TEACHERS’ SELF-EFFICACY AND ATTITUDES TOWARDS SENIOR SECONDARY SCHOOL CIVIC EDUCATION CURRICULUM
Abstract
Nigeria is currently facing myriad of social problems of monumental proportions. Some of these...
IMPACT OF COMPUTERS ON THE CREATIVITY OF CHILDREN IN IBEJU LEKKI L.G.A ABSTRACT
Background to the Study
The process of education is not related with innate education, but rather is dependent on the le...
EFFECTIVE PROFIT PLANNING IN NIGERIAN ORGANISATIONS
STATEMENT OF THE PROBLEM
Hilton (1991:201) observed that both the market forces of demand and supply and the cost of pro...
ANALYSIS OF CREDIT FACILITIES TO SMALL SCALE FARMERS (A STUDY OF SMALL-SCALE FARMERS IN BENDE LOCAL GOVERNMENT AREA OF ABIA SATE)
ABSTRACT
Inadequate support in terms of credit facilities from government and financial institution has been identified as one of the maj...
ORGANIZATIONAL ACTIVITIES OF THE CIVIL SERVICE AND ITS EFFECTIVE UTILIZATION OF HUMAN RESOURCES MATERIAL
ABSTRACT
This study was carried out on organizational activities of the civil service and its effective utilization of h...
A SURVEY OF INDISCIPLINE AMONG STUDENTS IN PUBLIC SECONDARY SCHOOLS: ITS EFFECTS AND CAUSES
BACKGROUND STUDY
Mbiti (2007) describes discipline as a moral aptitude or tendency that, when imprinted...
FISCAL AND MONETARY POLICY INTERACTIONS IN THE NIGERIAN ECONOMY- A NEW KEYNESIAN APPROACH
ABSTRACT
A political economy environment typified by political corruption, poor implementation of economic policy rules and weak policy c...
AN ANALYSIS OF THE EMOTIONAL TONE OF SOCIAL MEDIA COMMENTS IN RESPONSE TO PROTEST IMAGES (A CASE STUDY OF ENDBADGOVERNANCE PROTEST)
Chapter One: Introduction
1.1 Background of the Study
In the digital age, social media platforms have become crucial channels f...
MODELING THE TOPOLOGICAL RELATIONSHIP OF SPATIAL OBJECTS USING EGENHOFER MATRICES
ABSTRACT
The analytical needs in geographic information systems (GIS) have led to the interpretation of formal methods of modeling the to...
THE ECONOMIC IMPLICATION OF INCREASING EXTERNAL DEBT LIABILITY IN NIGERIA
ABSTRACT
The study explores the economic implication of increasing external debt liability in Nigeria....
