Central Bank of Nigeria’s (CBN) Governor Godwin Emefiele has said that the criticality of infrastructure in fostering economic growth necessitated the creation of the Infrastructure Company -InfraCorp. Emefiele made this disclosure during the 14th Annual Banking and finance conference organized by the charted Institute of Bankers of Nigeria – CIBN in Abuja adding that apart […]

The central bank of Nigeria has of today directed all deposit money banks to set up teller points at different branches of their banks to cater to customers that want to buy and sell forex for legitimate reasons which was contained in a memo sent to all banks signed by the Director, Bank Supervision Department […]

Nigeria’s apex bank, Central Bank of Nigeria (CBN) has made known it’s plans to introduce their own digital currency before the end of 2021. Disclosed on Thursday by the Director, Information Technology Department of the CBN, Rakiya Mohammed at the end of the 306th Bankers’ Committee Meeting in Lagos, she said the currency would be […]

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