Mastercard has launched a central bank digital currency testing platform for Central Banks to enable them conduct pilot tests for Central Bank Digital Currencies.
Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world's biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.
The International Monetary Fund (IMF), on Tuesday, April 28, 2020, approved the sum of $3.4 billion, as emergency financial support for Nigeria, as a result of the adverse effects of COVID-19.
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
Following the plans by the government to distribute stimulus package to support businesses, the sharing of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility have started.
All Progressives Congress National Leader, Asiwaju Bola Tinubu, suggests that government print more naira to help restructure the failing economy and improve…
The Central Bank of Nigeria states the conditions guiding the distribution of the N50billion COVID-19 intervention fund to individuals and companies. The…