Tag: CENTRAL BANK
Reps direct CBN to suspend cashless policy
The House of Representatives on Thursday directed the
Central Bank of Nigeria (CBN) to suspend the cashless policy announced on
Tuesday.
Lawmakers in the lower legislative chamber...
MTN Nigeria denies illegal repatriation of $8.1bn
Mobile telecommunications company, MTN Nigeria, has denied its involvement in the illegal repatriation of dividends worth $8.1bn between 2007 and 2015.
The telecoms company through...
FG to provide cheap funds to farmers — Emefiele
The Federal Government will provide cheap funds of not more than five percent to farmers who want to acquire agricultural equipment and feeds.
The Central...
CBN set to weaken the naira, warns of imminent recession
The Central Bank of Nigeria (CBN) on Tuesday abandoned its naira peg to the dollar in favour of a flexible currency regime, a policy...