The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said a low interest rate regime for the country will be difficult to realise at the moment. However, his view is contrary to the hint dropped on Monday by the Minister of Finance, Dr. Ngozi Okonjo-Iweala, that the Federal Government […]

The Central Bank of Nigeria (CBN) has said that it would sanction any merchant that failed to comply with its directives on cash-lite banking. Cash-lite banking refers to the process of carrying light cash around. It was adopted as a replacement for cashless banking, which CBN believe d has been […]

The Nigerian Stock Exchange (NSE) has said it would intensify efforts in the dematerialisation of share certificates in the stock market as a way of improving liquidity in the market. Dematerialisation is the conversion of share certifications from paper form into electronic form. While some investors have dematerialised their shares […]