Nigeria has stacked the largest pyramid consisting of rice in Africa, a project of the Central Bank, in partnership with the Rice Farmers Association of Nigeria, RIFAN.
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eNaira, which is simply Nigeria’s Digital Currency, is clearly, according to an Analyst, Fisayo Fosudo, from a platform named the VULTe, is not a Cryptocurrency but uses technology for online transactions. A company named Bitt, Inc. was commissioned to coordinate the project.
An oil company attempted to scam the Central Bank of Nigeria, CBN, and the plot to carry out the well-thought-out scheme failed.
eNaira, also known as the Central Bank Digital Currency, CBDC, is issued and regulated by the Central Bank of Nigeria, CBN.
Cryptocurrency Subscribers are bracing up for the launch of Nigeria’s own electronic money – eNaira, which has been slated to come out on Monday, 25, 2021.
Central Bank of Nigeria, CBN grant of five hundred million naira (500,000,000) would be made available to graduates and undergraduate persons, respectively.
Farmers have been expressing excitement since the Central Bank of Nigeria, CBN intervention fund commenced, which have positively impacted the lives and businesses of stakeholders in the agriculture sector.
With its actions, Northern Advocacy Groups, NAG passed a vote of confidence on the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele.
On Tuesday, a coalition of Civil Society Groups, CCSG, condemned calls by some groups for the resignation of Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, over alleged plunging of the economy into an unconscious situation.
Gold smuggling and Illegal mining have been eating deep into the nation’s economic system to the extent the Federal Government has resolved to investigate the loss of nine billion dollars annually to this destructive act.
Central Bank of Nigeria, CBN, will start going after Foreign Exchange, FX defaulters as it has directed commercial banks to…
Revenue generation in the country is undoubtedly a major focus of the present administration, with the Federal Government banning the import of some foreign commodities and initially shutting down its borders to neighbouring African nations to increase productivity.
In reaction to the reports linking him to the 2023 Presidency, a former governor of the Central Bank of Nigeria,…
Anchor Borrowers Programme, APB, of the Central Bank of Nigeria, CBN, has recently impacted the lives of over three million farmers across the 36 states of the nation.
With all the noise still looming around foreign exchange and the controversial ban of dollar sales by Nigeria’s apex bank to Bureau De Change, BDC Operators, the bank’s governing body has arrived with new proposals.
Commercial Banks across the nation have received new directives from the Central Bank of Nigeria, CBN, following recent controversies surrounding the sale of dollars to Bureau De Change, BDC.
The Central Bank of Nigeria, CBN, has condemned actions of Bureau De Change, BDC Operators, for conducting illegal forex trading.
Having a stabilised naira currency and well-regulated inflation rates in Nigeria is a goal that has proven to possess traits that require the herculean approach to accomplish.
Collectively, Central Banks worldwide have commenced measures to enable the use of Digital Currency in their respective regions.
Some heads of major government’s Departments, Agencies and Parastatals are highly likely to serve jail time following their refusals to honour invitations extended to address irregularities of various audit reports.
From 2015 to 2021, Nigeria’s debt has grown at an unprecedented, alarming, and unsustainable rate, from $10.31b to $32.85b.
