Nigeria has launched its own Bitcoin exchange service
After 4 months of development and testing, a team of Nigeria-based programmers lead by Timi Ajiboye have launched dedicated Bitcoin ...
Tag: CBN
Chief claims CBN had to resist powerful forces to stop Naira float
According to the Director of Corporate Communication, Ugochukwu Isaac Okoroafor, the Central Bank of Nigeria (CBN) had to resist powerful ...
Why Nigeria’s increasing dollar debt by 157% is the right thing to do
The word debt has always been cautiously used by administrations as the very thought of owing people or nations is ...
Two MPC members signal some banks may be in trouble
In the minutes of the last Monetary Policy Committee (MPC) meeting released yesterday, two members of the committee dropped hints ...
CBN issues 4 weeks ultimatum on FX to banks
The Central Bank of Nigeria, CBN, has passed a circular to all banks signed by the Director, Banking Supervision Department, ...
The Naira’s Hide and Seek game with currency analysts
That Nigeria has one of the most complex currency systems in the world is an open secret to professionals. However, ...
Nigeria And China Currency Swap Deal Explained
Imagine you are China. You sell a lot of stuff to the world. In fact, your whole economy is based ...
CBN Set To Establish Mortgage Refinance Company To Help Make Loans More Affordable For You An I
The CBN has approved a draft Regulatory and Supervisory framework for the establishment of Mortgage Refinancing Companies in Nigeria (MRC). ...
