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Tag: CBN

IMF says Naira devaluation was rejected by the FG
BusinessFinance

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…

Christina NgeneFebruary 10, 2021February 10, 2021
The Use Of Cryptocurrency Is Not Unlawful In Nigeria – CBN
BusinessFinance

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…

Christina NgeneFebruary 8, 2021February 8, 2021
CBN Rules On QR Code Payments And Services In Nigeria
BusinessFinance

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…

Christina NgeneJanuary 13, 2021January 13, 2021
CBN Disproves Azimo, It Is Not  Registered, Use At Self Risk
BusinessFinance

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…

Christina NgeneDecember 16, 2020December 16, 2020
CBN N250bn Stimulus Package For Gas Investments – Who Can Get It?
BusinessFinance

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…

Christina NgeneDecember 10, 2020December 10, 2020
CBN Shuts Down Diaspora Remittance In Naira Under New Policy
BusinessFinance

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…

Christina NgeneDecember 4, 2020December 4, 2020
CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market
BusinessFinance

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…

Christina NgeneDecember 3, 2020December 3, 2020
NEXIT Portal: NPower Nigeria Beneficiaries Can Now Apply For CBN Plan
BusinessFinance

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…

Christina NgeneDecember 2, 2020December 2, 2020
CBN Makes More Effort To Deepen Financial Market With Special Bill
BusinessFinance

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…

Christina NgeneDecember 2, 2020December 2, 2020
Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN
BusinessFinance

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…

Christina NgeneNovember 30, 2020November 30, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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