Against the backdrop of indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganizing the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals.
Browsing: Central Bank of Nigeria
The Central Bank of Nigeria (CBN) says it has no be plans to redenominate Nigeria’s legal tender, the Naira.
It was Sir Hubert Henderson, the British economist and Liberal Party politician that said, there is a merit in being unimportant, which he paraphrased in a book under the caption, “The Importance of Being Unimportant.” Sir Henderson expressed the idea that, under the right conditions, it is desirable to be a very small part of something big. One needs not be an expert in English language to understand that Sir Henderson was talking about the goodness or distinction of modesty, particularly with respect to the righteousness of rectitude and the enviable quality of being moderate in behaviour. And precisely that is the quality that I think is missing in the displayed attitude of the now suspended Governor of Nigeria’s Central Bank, Chief, Godwin Emefiele.
A financial expert, Prof. Uche Uwaleke, says the Ways and Means Advances of the Central Bank of Nigeria (CBN) to the Federal Government is strictly within the purview of the apex bank.
The National Association of Microfinance Banks (NAMB) has renewed its call on the Central Bank of Nigeria (CBN) to always Involve MfBs in the formulation and implementation of key policies.
The Association of Northern Agricultural and Allied Commodities Practitioners (ANAACOP) and Central Bank of Nigeria (CBN) has inaugurated farmers programmable money agro e-Naira engagement.
The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele has dispelled widespread rumours that he would be…
By Patricia Kowsmann and Caitlin Ostroff The world’s largest crypto exchange has no headquarters, making it difficult for disgruntled traders…