CBN to hold banks accountable for BVN-related fraud
The Central Bank of Nigeria (CBN) has said it will hold commercial banks responsible for any fraud arising from failure to enlist individual customers into the Bank Verification Number (BVN) scheme.
Judges, bankers caution against use of virtual currencies
According to him, it is pertinent to note that CBN does not currently have any regulation and its official position on virtual/digital currency transactions is to prohibit Nigerian financial intuitions from engaging in such transactions.
CBN, NSE partner Fintech on financial innovation
The CBN also disclosed that it will formally inform the association of its desire to be carried along with regards to the outcome of the sandbox experience initiative currently being undertaken.
Constitutional provisions: Nigeria president and the congress - Part 2
History recalls that a former slave, Abraham Lincoln, became the 16th president of the United States of America.
Why Nigerians should tolerate our borrowings - FG
Kemi Adeosun, made the comments while addressing a joint press conference of the ministry and the Central Bank of Nigeria (CBN) at the conclusion of the World Bank Group-International Monetary Fund (IMF) meetings in Washington, United States yesterday.
IMF sees improved forex market in Nigeria as reserves hit $33 billion
IMF Director of African Department, Abebe Aemro Selassie, during the Africa Briefing session at the just concluded International Monetary Fund (IMF)-World Bank Group meetings in Washington DC, said the goal now should be creating...
Rifles down, MPC holds fire
The year is far spent and only one more MPC meeting is set to hold in 2017. Unless drastic shocks hit the economy within the next five weeks, the general expectation is for the committee to maintain its “steady as she goes” stance.
Anchor borrowers N265.7 million scandal: BOA, CBN officials fingered
Officials of both Bank of Agriculture and Central Bank of Nigeria (CBN) are battling to explain to Adamawa State Government the disappearance of over N265.7m meant for Anchor Borrowers programme in the state.
Emefiele’s forex reforms get Forbes Award, investment pledges
According to him, Emefiele’s doggedness and strategic policy applications, alongside the outcomes, have merited the honor of joining 27 past winners like Aliko Dangote, Obama’s Chief of Staff, Bill Delly, Commonwealth Secretary, and a host of others.