March 11, 2016/Punch The Central Bank of Nigeria said on Thursday night that it had uncovered and aborted a highly sophisticated plot to defraud it by some criminally-minded elements. The bank also said it placed all key personnel involved in the transaction on suspension in order to ensure a full […]
Tag: Central Bank of Nigeria
CBN Unveils National Financial Literacy Framework
March 7, 2016/CBN Financial literacy may be defined as the possession of knowledge and skill by individuals to manage financial resources effectively to enhance their economic well-being. It also enables financial service providers to better understand their products, the associated risks and the needs of their customers. It includes trust, […]
CBN Releases Nigerian Financial Literacy Baseline Survey Report
March 7, 2016/CBN Background The National Financial Inclusion Strategy (NFIS) was launched by the Federal Government of Nigeria in 2012 to reduce the number of adult Nigerians who are financially excluded from 46.3 per cent in 20101 to 20 per cent in 2020; and to empower the public through an […]
