Important: Luno Naira Deposits and Withdrawals Currently Disabled
As you may be aware, Luno has been unable to process Naira withdrawals since Friday, 31 March. These are what Luno has to say admist the issue of Nigerians operating their service unable to withdraw cash from their account. " The reason is that our bank account at Stanbic IBTC , which contains the vast majority of customer funds, has been frozen due to an unforeseen third party issue beyond their control. All customer funds are safe and accounted for in the account. Right now we are unable to make any payments out of the account until it is unfrozen. For the time being, we ask you to refrain from funding your account with Naira." WHAT CAN BE DONE IN THE MEANTIME Naira deposits and withdrawals are currently disabled. All other services, such as buying, selling, trading, sending and receiving Bitcoin remain unaffected. If you have a pending withdrawal that you’d like to cancel, you can do so by opening the “transactions” screen, tapping on the withdrawal and ...