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Finance news
2 posts
Minister of Finance Attributes Rising Inflation to N22.7 Trillion Printing by CBN
The Minister of Finance, Olawale Edun, has attributed the current economic challenges facing Nigeria, including rising inflation and economic hardship, to the printing of N22.7 trillion by the Central Bank of Nigeria (CBN) under the government of former President … Continue Reading
CBN Bans Banks, Fintechs From International Money Transfers, Increases Application Fee
The Central Bank of Nigeria (CBN) has implemented a significant shift in the financial landscape by barring banks and fintech companies from conducting international money transfer services.
The sweeping directive, outlined in a document dated January 31, 2024, signals a … Continue Reading