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23 total views, 1 views today The Chartered Institute of Bankers of Nigeria disclosed an increase in the use of bitcoin among other payment gateways in nigeria. This it disclosed in its release on ‘The Nigerian Banker’, in its December 2019 edition. Part of the report on digital currencies read, “The CBN has also declared that digital…
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40 total views, 1 views today Weekly Crypto Overview: Governor, Central Bank Of Nigeria says Blockchain and AI Has Been A Disruptor To Financial Service Sector. More updates on Guardian Ng. Last Weekly Crypto Overview focused on various news updated including the on going IBNaira Scam. Binance Cryptocurrency Exchange lists available jobs for qualified applicants all over…
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53 total views, no views today Bank Of America Bans Former CFO of PayPal from owning a bank account at its bank in America. Roelof Botha, a high profile investor from America just got banned from using fiat accounts. The notice came with no explanation according to Roelof. From Roelof’s most recent tweet today, Bank Of…
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52 total views, no views today The Central Bank Of Nigeria in its pursuit to implement the cashless policy issues new fees for bank deposit and withdrawals. On September 17, 2019, the CBN issued the following memo to all Deposit Money Banks (DMBs): “Further to our circular ref BPS/DIR/GEN/CIR/04/004 we write to inform all Deposit Money…
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18 total views, no views todayThe Retail Secondary Market Intervention Sales (SMIS) received a boost of 280.04 million dollars and 28.3 million Chinese Yuan from the Central Bank of Nigeria (CBN) reports Guardian.ng The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja on Friday. “CBN also injected CNY…
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47 total views, no views today The Deputy Governor Central Bank Of Nigeria Mr Lametek Adamu has called on the attention of the public regarding issues arising from fake email addresses sending out mail and requesting deals in the name of the Deputy Governor. According to the report issued by the nation’s bank through Mr Isaac…
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28 total views, no views today In a statement issued by the Head, Communication and Public Affairs of the NDIC, Mr Mohammed Ibrahim, on Friday in Abuja. The Minister of Finance, Mrs Zainab Ahmed, urged the Central Bank Of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to apply due diligence and legal procedures in investigation…
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29 total views, no views today Malam Garba Kurfi, the Managing Director, APT Securities and Funds Ltd., said; the retention of the Monetary Policy Rate (MPR), the Cash Reserve Ratio (CRR) and the liquidity ratio were expected as a result of the rise in inflation rate. Kurfi said that the many factors not excluding the planned…
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24 total views, no views today The Central Bank Of Nigeria has warned the nation’s banks against recirculation of unfit bank notes, saying that it would impose stringent penalties on any bank that goes against the stipulated standards. The CBN made this public in the Banknotes guidelines issued yesterday alongside Clean Notes Policy. The documents were…
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45 total views, no views today Emefiele’s warning is coming on the heels of increasing transactions in cryptocurrencies in Nigeria. Data from LocalBitcoins, a Bitcoin start-up company, showed that Nigeria came second in the world’s peer-to-peer (P2P) Bitcoin transactions last year outpacing major European countries, the United Kingdom and the United States of America. Emefiele however…
