Reading Time: 7 minutes An Overview of Cryptocurrency A blockchain is a digital ledger of transactions that is duplicated across a network of computer systems. Cryptocurrencies are digital payment…
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Tag: CBN
Banks Commence Closure Of Cryptocurrency Accounts
Reading Time: 3 minutes The cryptocurrency traders have commenced offline operations outside approved exchange platforms following the Central Bank of Nigeria (CBN) directive that banks close their accounts. The…
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House Express Dismay Over Five-year Unaudited
Reading Time: 2 minutes The House of Representatives Committee on Public Accounts yesterday expressed dismay over the failure of the Federal Mortgage Bank of Nigeria (FMBN) and Tertiary Education…
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Improved Diaspora Remittances Will Boost Economy, Reduce Covid-19 Impact – Emefiele
Reading Time: 2 minutes Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, said the ongoing reforms to increase diaspora remittances into the country will support the…
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CBN Discloses Private Sector-led Agriculture Devt Scheme
Reading Time: 4 minutes The Central Bank of Nigeria (CBN) yesterday revealed guidelines for the operation of the Private Sector-led Accelerated Agriculture Development Scheme (P-AADS) to facilitate increased private…
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CBN Releases Guidline For Implementation Of NYIF
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has released guidelines for the implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in a…
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Ebonyi State To Empower 2600 Youths With One Million Naira Each
Reading Time: 2 minutes Governor David Umahi has announced that the government of Ebonyi State has set aside the sum of 2.6bn naira for over 2600 youths drawn from…
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Omo-Agege Criticises Zamfara Gov’s Sale of Gold to CBN
Reading Time: 3 minutes The Deputy Senate President, Senator Ovie Omo-Agege, yesterday opposed the recent sale of gold bar by Governor Bello Matawalle of Zamfara State to the Central…
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Reasons Why We Resigned From NESG, By Bank CEOs
Reading Time: 2 minutes Banks Chief Executive Officers (CEOs) who resigned from the board of the Nigeria Economic Summit Group (NESG) have given reasons why they quit the think-thank.…
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Three Bank CEOs Ends Membership With NESG bank CEOs quit NESG Board Over Stance On CBN’s Economic Interventions
Reading Time: 4 minutes CHIEF Executive Officers (CEOs) of three prominent banks have resigned their membership of the Nigerian Economic Summit Group (NESG) board. They resigned on Wednesday in…
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