The Governor, Central Bank of Nigeria, Mr. Sanusi Lamido, has said that the Bankers’ Committee is currently working with the Nigerian Communications Commission and other service providers to ensure that some of the challenges of cash-less policy are addressed. Sanusi said this at the fourth annual investors’ forum organised by […]
Tag: Central Bank of Nigeria
External reserves to witness less pressure
The National Bureau of Statistics on Monday said the country’s external reserves would experience less pressure this year due to a reduction for the demand for foreign exchange to settle high import bills. The bureau said in a report released in Abuja that the projected increase in the value of […]
House Directs CBN To Stop Using Forex For Local Transactions
The House of Representatives, Thursday, urged the Central Bank of Nigeria (CBN) to stop the use of foreign currencies as means of exchange in local and domestic transactions in Nigeria. The decision was arrived at the plenary following the adoption of a motion brought before the House by Hon. Nadu S. […]
