February 26, 2021/OVP Nigeria “We Must Act withKnowledge, Not Fear” – Osinbajo Tells CBN, Bankers, Others *Advocates scaling-up of national projects *Says building 300,000 housing units in a year not too ambitious Rather than adopt a policy that prohibits cryptocurrency operations in the Nigerian banking sector, “we must act with […]
Money Market
CBN Communiqué No. 134 of the MPC Meeting of Jan 25-26, 2021
February 25, 2021/CBN ADAMU, EDWARD LAMETEK The global economy continues to show prospects of recovery with contraction in output moderating in most countries. From an estimated contraction of about 4.0 per cent in 2020, the World Bank currently projects global output growth in 2021 at about 4.0 per cent, underpinned […]
Cryptocurrency: 60% of Central Banks under Pressure to Create Digital Money
February 23, 2021/FICAN Following the sudden rise in value and acceptability of Cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure to issue sovereign digital currency. An Economist and Chief Executive Officer, Global Analystics […]
