Again, CBN warns financial institutions against crypto currency
The Central Bank of Nigeria (CBN) again on Friday warned commercial banks and other financial institutions to desist from dealing ...
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Tag: CBN
Police bust syndicate behind fake CBN investment scheme
The Police in Lagos says it has busted a syndicate group of fraudsters behind the fake “CBN Helping Hands Investment ...
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Investment tribunal, NDIC differ over refund of investor’s subscription to defunct bank’s IPO
Bank liquidation requires a specialized procedure when resolving a failed bank. The emphasis is on settlement of deposit liabilities above ...
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Stable food prices: Nigeria inaugurates committee to reposition own commodity exchange
The proposed repositioning of NCX was to consolidate on the government’s efforts to strengthen the agriculture value chain, to enable ...
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How CBN is generating extra revenue to fast-track Nigeria’s economic recovery – Emefiele
If the government cannot finance all its obligations, I think it will be irresponsible on the part of the CBN ...
Read moreWhy CBN insists export proceeds, diaspora remittances must come in foreign currency
The CBN has decided to focus to see those billions of dollars. The CBN is not even expecting $20billion. If ...
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CBN still optimistic Nigeria’ll exit recession in first quarter
The CBN is also saying in the same direction, if these economies came out after two quarters into recovery, the ...
Read moreCBN retains lending, other controlling monetary policy rates in first meeting in 2021
The monetary committee agreed with a unanimous vote by its members to retain the lending rate by commercial banks, also ...
Read moreWhy MPC may retain controlling policy rates in its first meeting in 2021
As the Monetary Policy Committee (MPC) converge on Abuja for its first meeting in 2021 next Monday and Tuesday, January ...
Read morePayment of diaspora remittances must be in foreign currencies, not Naira, CBN insists
Estimated annual remittance inflow from Nigerians in the Diaspora is put at about $24billion, which could significantly help in improving ...
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