Rice Processors Association of Nigeria (RiPAN) has urged President Bola Ahmed Tinubu led Federal Government to reconsider its recent decision to lift the ban on importation of foreign rice as announced. The Public Relation…
The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the naira. In less than three weeks, the naira lost…
The Central Bank of Nigeria CBN has directed banks and other financial institutions to obtain the social media handles of customers as part of enhanced Customer Due Diligence, CDD, regulations. The directive was contained in…
The new Naira notes in circulation introduced by the CBN have several security features for ease of recognition which can be easily seen and touched. See the various features below
Nigeria's secret police, the Department of State Services (DSS), has commenced a be-on-the-lookout exercise for the Central Bank of Nigeria Governor, Godwin Emefiele, as it has deployed its operatives and ordered them to arrest…
There is an indication that the plan by the Central Bank of Nigeria (CBN) to engage Agency Banking Networks in the currency redesign exercise will achieve the two-prong benefit of fast-tracking financial inclusion among the…
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