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CBN Targets Cryptocurrency To End Naira Depreciation

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

CBN Targets Cryptocurrency To End Naira Depreciation

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

Cardoso: Old Headmaster, New Taskmaster, by Abdulrahman Abdulraheem

Cardoso: Old Headmaster, New Taskmaster, by Abdulrahman Abdulraheem   The word 'Headmaster' has a reputation in Nigeria for being associated with a stern, tough, extremely disciplined, uncompromising and no-nonsense individual who people find difficult to break or bend and who will always insist on the right...

FG Earns N1.053trn From CBN’s OMO Auction

FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

FG Earns N1.053trn From CBN’s OMO Auction

FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

CBN Projects 3.38% Economic Growth for Nigeria in 2024

CBN Projects 3.38% Economic Growth for Nigeria in 2024   The Central Bank of Nigeria (CBN) has said that growth projections in 2024 indicated that the economy will grow by 3.38 percent. CBN governor, Olayemi Cardoso, made this known while briefing journalists after the Monetary Policy Committee...