He said,“In this regard, the Central Bank of Nigeria is working to set up an International Financial Center at the Eko Atlantic City in Lagos that will serve as a hub for attracting domestic and external capital which is needed to strengthen our post-COVID economy. ...
In Suit No. FHC/L/CS/ 188/2021 filed on Monday, February 8, 2021 at the Federal High Court in Lagos, the group said the CBN, which is the first defendant, lacked the power to restrict financial institutions from dealing in cryptocurrency transactions. The digital rights lawyers argued that...
Lagos – The Central Bank of Nigeria (CBN) on Wednesday urged financial institutions and organisations to embrace technology to remain competitive. Mr Adebisi Shonubi, Deputy Governor, CBN, stated this at Greenwich Registrars and Data Solutions Ltd seminar held in Lagos with the theme: Big Data ...
“We had taken up N100 billion to support healthcare but the monetary policy has said we should move it further up to N200 billion. ” We would continue to do whatever can be done to support healthcare,” he said. The CBN governor expressed the bank’s commitment to continually support N...
(DMBs) to immediately commence implementation in six pilot states across the country, including Lagos, Ogun, Kano, Abia, Anambra, and Rivers States, as well as the Federal Capital Territory (FCT). The apex bank stated at the time that the nationwide implementation of the cashless policy ...
The move is in line with ongoing efforts to evolve a robust collateral management regime which would be proportionate to transactional level of participants within the payment system. Disclosing this Wednesday in Lagos, at the Lagos Fintech Week 2019 with the theme: ‘Fintech: Exploring the Huge...