IMF says Naira devaluation was rejected by the FG
Naira devaluation could further inflation rates The Nigerian government has rejected the advice by the International Monetary Fund, IMF to further devalue its said 18% …
Tag: CBN
The Use Of Cryptocurrency Is Not Unlawful In Nigeria – CBN
Dogecoin was trending on Twitter Nigeria a few days before the CBN put some restrictions on cryptocurrency. Bitcoin, Ethereum are also among the biggest cryptocurrencies …
CBN Rules On QR Code Payments And Services In Nigeria
Institutions that have deployed Quick Response (QR) Code payments in Nigeria have received a primary guideline by the Central Bank of Nigeria, CBN, on safety …
CBN Disproves Azimo, It Is Not Registered, Use At Self Risk
Anyone who prioritizes the unregistered companies – Azimo, Transfer Wise – does that at their own risks – CBN. The Central Bank of Nigeria has …
CBN N250bn Stimulus Package For Gas Investments – Who Can Get It?
The N250bn stimulus package provided by the Central Bank of Nigeria, CBN, for large and small scale gas investments in September is a comprehensive initiative …
CBN Shuts Down Diaspora Remittance In Naira Under New Policy
Having reviewed and investigated the methods of International Money Transfer Operators in Nigeria, the Central Bank of Nigeria, CBN, noted that IMTOs could be involved …
CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market
Naira gains over dollar on Wednesday after new CBN diaspora remittance policy New CBN remittance policy could be cutting loses for the naira at the …
NEXIT Portal: NPower Nigeria Beneficiaries Can Now Apply For CBN Plan
NEXIT Portal for Npower beneficiaries The federal government of Nigeria is furthering the job creation and empowerment scheme, NPower by setting up a portal, NEXIT …
CBN Makes More Effort To Deepen Financial Market With Special Bill
CBN Special Bill will promote liquidity The Central Bank of Nigeria has introduced a special bill as a means to further deepen the financial market …
Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN
Nigeria’s Monetary Policy rate remains at 11.5% as declared by the governor of the CBN, Central Bank of Nigeria, Godwin Emefiele, during a last 2020 …