Tag: CBN

Babatunji Wusu – The International Finance Corporation (IFC) has entered into a partnership with the Central Bank of Nigeria (CBN) aimed at increasing local currency financing to support the growth…

babatunji Wusu – – MPR increased from 26.75% to 27.25%. – Cash reserve ratio raised from 45% to 50%. – Unanimous decision aimed at curbing inflation and stabilizing the economy.…

  Rumors that the Central Bank of Nigeria (CBN) intends to withdraw the licenses of Fidelity Bank, Polaris Bank, Wema Bank, and Unity Bank have been formally refuted. The public…

  A Federal Capital Territory (FCT) High Court located in Maitama has granted ₦300 million in bail to Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN).…

Babatunji Wusu – The Central Bank of Nigeria (CBN) has authorized 11 pre-shipment monitoring and evaluation agents for Nigeria’s oil and gas exports. According to Naija News, Dr Hassan Mahmud,…

  The federal government says it is now designing a new public service salary system based on employee productivity, which could result in personnel at the same level earning different…

Babatunji Wusu – President Bola Ahmed Tinubu has ordered the suspension of the cybersecurity levy implementation stipulated in the Cybersecurity Act 2015, which was unveiled by the Central Bank of…

  Khalifa Dikwa, an elder statesman and Dean of the Borno Elders Forum, claims that President Bola Tinubu was intimidated into supporting the Central Bank of Nigeria’s (CBN) cybersecurity levy…

Babatunji Wusu – The Central Bank of Nigeria’s (CBN) cybersecurity levy has sparked discussion over its impact on Nigerians. The apex bank declared in an official publication on Monday, May…

Babatunji Wusu – The Central Bank of Nigeria (CBN) has directed deposit money institutions in the country to begin collecting a 0.5% cybersecurity levy on transactions. This was stated in…