By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The central bank of Nigeria (CBN) Tuesday unveiled approved guidelines on the end-to-end electronic payment of salaries, pensions, suppliers and taxes in Nigeria. The CBN said the released guidelines on the e-payment of salaries, pensions, suppliers and taxes in Nigeria is in exercise of its […]
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Banks to Commence T+1 Clearing System Sept’04
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Deposit money banks (DMBs) in Nigeria are to commence the T+1 clearing system; same day value for cheques of customers. The central bank of Nigeria (CBN) Tuesday directed all deposit money banks (DMBs) in the country to adopt the T+1 clearing system; same day value […]
Financial literacy curriculum out next year – CBN
The Central Bank of Nigeria said on Monday that the curriculum that would be used to teach the concept of financial literacy in schools would be released next year. The CBN Director, Consumer Protection Department, Hajiya Umma Dutse, said this during an event to mark the Global Money Week in […]