Rapportera: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have

Nigeria tillkännager nya begränsningar för kontantuttag - uttagsautomater begränsade till mindre än $44 per dag

I ett nytt direktiv till finansinstitut, centralbanken i Nigeria (CBN) nämnda individer kan nu bara ta ut motsvarande knappt $222 per vecka medan företag endast kan ta ut kontanter som inte överstiger $1,111 under samma period. De…

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

The Central Bank of Nigeria governor, Godwin kväll, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Nigerianska centralbanken säger att den kommer att släppa nya sedlar i december - Naira faller till New Low

Med start i december 15, Nigerianer kommer att använda nydesignade 100, 200, 500 och 1 000-nairasedlar, guvernören för Nigerias centralbank (CBN) har sagt. Tillkännagivandet har sedan resulterat i nairans parallella marknadsväxelkurs mot USA. dollar…

Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchain and Crypto Policy if Elected

The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congress also said

Forexbrist anklagas efter att nigeriansk valuta nått nytt låg kontra den amerikanska dollarn

En ökning av efterfrågan på utländsk valuta och den allmänna bristen på resurs kan vara orsakerna till att nairavalutan nyligen sjönk till en ny all-time low på 735 kontra U.S.A. dollar, har en rapport sagt. Ett…