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CBN Backs Govt. Decision To Sell National Assets
The Central Bank of Nigeria (CBN) has thrown its weight behind the federal government’s decision to sell its least valued assets and use funds from
Osinbajo Calls For Regulation Of Cryptocurrencies As Against Outright Ban
Vice President Yemi Osinbajo has frowned at the recent ban on cryptocurrency transactions while calling for the regulation of digital currencies as against outright prohibition.
IMF Backs CBN On Cryptocurrency Ban
The International Monetary Fund (IMF) has backed the recent directive of the Central Bank of Nigeria (CBN) to financial institutions to ban transactions with cryptocurrency.
Food Prices Soar As Nigeria’s Inflation Rate Hit 16.47%
Nigeria’s inflation rate has to 16.47% (year-on-year) in January 2021 as against 15.75% recorded in December 2020. This was contained in the latest report released
Senate Summons CBN, SEC Over Ban On Cryptocurrencies
The Senate has summoned the Governor of Central Bank, Godwin Emefiele, and Securities Exchange Commission for an explanation for the recent ban on Cryptocurrency operations
CBN Clarifies Ban On Cryptocurrencies, Cites Volatility, Stability Of Bitcoin
The Central Bank of Nigeria (CBN) has clarified controversies trailing its latest directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. The
WTO: US Finally Support Okonjo Iweala As DG
The United States has announced it’s support for Nigeria’s candidate for the top job at the World Trade Organisation, Ngozi Okonjo-Iweala. The US, under the
CBN Move Against Cryptocurrencies, Direct Banks To Close Account Of Bitcoin Traders Immediately
The Central Bank of Nigeria (CBN) has directed commercial banks and all non-banking financial institutions to desist from dealing in cryptocurrencies and other related transactions.
WTO: Okonjo Iweala Edges Closer To Top Job As Main Opponent Withdraws
Nigeria’s candidate for the position of Director-General at the World Trade Organization (WTO) is a step closer to clinching the top position as her main
Jeff Bezos To Step Down As Amazon CEO
Amazon.com Inc has announced that longtime CEO Jeff Bezos will step down from his post later this year, transitioning to executive chairman of the world’s
