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CBN
CBN has taken steps to increase supervision and regulation of FinTech companies such as Ren Money, Piggyvest, and others.
The CBN has exempted all revenue-generating accounts of government agencies, and several others from charges on cash withdrawal and deposits.
In order to minimize the undesirable effects of the current policy, some modifications listed below can be considered.
Just as most analysts opine, the IMF Team believes the uncertainty in Buhari's economic policies has exacerbated economic hardship for Nigerians while keeping foreign investors away from investing in the real sector.
Nigerian banks have improved non-performing loans (NPLs) post-recession. However, our study shows certain sector NPLs have deteriorated.
The CBN disbursed the sum of N299.16 billion through six (6) Agricultural Schemes in 2018. According to the Central Bank’s annual report for 2018, various agricultural schemes include the Anchor Borrowers’ Programme
President Mohammed Buhari has announced a new economic team that will offer him economic advice on a timely basis.
It is no longer news that the Monetary Policy Committee of the Central Bank of Nigeria left the Monetary Policy Rate, MPR, unchanged at 13.5 per cent, as announced by the Governor, CBN, Mr. Godwin Emefiele.
Nigerians are not here for CBN's (@cenbank) tweet this morning trying to clarify the rather controversial cashless policy.
The new circular is basically a tax on the volume of transactions and could rake in billions in stamp duty charge for the government.
The Lagos Chamber of Commerce and Industry (LCCI) has reacted to the CBN's cashless policy saying time frame is disruptive.