Connect with us

FEATURED

Nigerian School Dares CBN, Asks Parents To Pay Fees With Cryptocurrency

Published

on





A private secondary school in Kano, New Oxford Science Academy, Chiranchi, is accepting cryptocurrency as payment for school fees.

The Central Bank of Nigeria (CBN) had banned all forms of cryptocurrency transactions earlier in the year.

But addressing journalists on Thursday, Sabi’u Musa Haruna, proprietor of the school, said the school management decided to accept cryptocurrencies after consulting parents and guardians.

Advertisement

“’The decision is aimed at easing the payment of school fees, for the parents,” Haruna said.

“We have decided to accept cryptocurrency as school fees because the world today is tilting towards the system.

“We believe one-day digital money will gain more acceptance than paper money.”

Advertisement

Haruna added that countries like El-Salvador and Tanzania are already accepting cryptocurrency in their schools.

He, therefore, urged the Federal Government to quickly embrace the system and regularise it.

(Daily Trust)

Advertisement
FEATURED1 hour ago

Tantita Security’s MD Inaugurates Isoko Youth House, Reaffirms Commitment to Peace and Devt in N’Delta

FEATURED19 hours ago

PDP Leaders in Delta Warn Members Against Joining APC, Affirm No Other Party Exists in Ovwian Ward 7

FEATURED20 hours ago

Midterm Review: Sen. Nwoko Releases Blow-by-blow Account of People-centered Achievements

FEATURED21 hours ago

Robbery Suspects Killed in Gunfight As Delta Police Recovers Firearms, Stolen Motorcycle

ANRPM
FEATURED2 days ago

Two Years in Office: ANRPM Lauds President Tinubu on Sectorial Achievements

FEATURED2 days ago

Gateway Games 2024: Sen. Nwoko Hails Team Delta Over Outstanding Performance

FEATURED2 days ago

EFCC Re-arraigns Bishop, Other Fadama Society Executives for Alleged ₦178m Fraud in Jos

FEATURED2 days ago

Courts Jail 32 Internet Fraudsters In Benin

NEWS2 days ago

Two Years in Office: We’ve Empower 266,737 Deltans Under Our Social Intervention Programmes – Oborevwori

Delta Politician
FEATURED2 days ago

Delta NUJ Slams Gov. Oborevwori For ‘Running Away From Media Interaction’ After Two Years in Office

BUSINESS2 days ago

Governor Oborevwori Announces Delta’s MoU with UK Firms on Blue Carbon Partnership

FEATURED3 days ago

‘You’ve Shown Leadership Committed to National Interest’ – Sen. Nwoko Hails President Tinubu on 2nd Anniversary

NEWS3 days ago

Elumelu Hails Gov. Oborevwori on Administration’s 2nd Anniversary

FEATURED3 days ago

Official Reveals How Former CBN Governor, Emefiele Received $17.1m Cash

social media
FEATURED3 days ago

‘The Journey Continues’ – Sen. Nwoko on Successful Public Hearing on Bill to Upgrade Asaba Tech College

Advertisement
Advertisement