The apex bank also presented cheques of N5 million each to six pioneer beneficiaries of the scheme.
Browsing: CBN
Godwin Emefiele, CBN Governor, made the call in the communique on the 282nd Monetary Policy Committee meeting.
The CBN Governor, Godwin Emefiele made the revelation while presenting the communiqué from the Monetary Policy Committee meeting of the apex bank in Abuja.
This was contained in a communiqué read after the committee’s 282nd meeting by the CBN Governor, Godwin Emefiele.
Some Nigerian youths under the aegis of Nigerian Youth Initiative for Good Governance had vowed to mobilise the masses to occupy the headquarters of CBN if President Muhammadu Buhari fails to relieve Emefiele of his duty.
Playing off handicap 18 and recording a gross score of 87, Tiri returned an overall best nett of 69 to emerge winner.
The apex bank stated this in the Currency Operations 2020 Annual Report posted on its website on Saturday.
For the record, it makes Nigeria the first ever African country to embrace the eWallet system of transaction.
This is as many users gave negative reviews of the application.
The experts, in separate interviews with the News Agency of Nigeria (NAN), said whether the launch would be salutary or destabilizing would depend on how it is implemented.
The President also declared that the introduction of the eNaira would enable the government to send direct payments to citizens eligible for specific welfare programmes as well as foster cross border trade.
The Director, Banking Supervision of CBN, Mr Haruna Mustafa, said this at the 2021 Financial Correspondents Association of Nigeria (FICAN) workshop in Ibadan on Friday.
The 61-year-old over the weekend cast an unflattering light on Imo state.
The Director, Development and Finance of the CBN, Phillip Yusuf, disclosed this on Thursday in Lagos State.
This was sequel to an unanimous adoption of a motion by Rep. Leke Abejide (ADC-Kogi) at plenary on Thursday.
Hours after Osinbajo’s prescription, economists and experts of fiscal and monetary policies took turns to deprecate the vice president for recommending a therapy that could never help the naira but would only herd it to the grave.
This initiative, sponsored by Outspan is being executed in partnership with the Kano Dairy and Livestock Husbandry Cooperative Union (KADALCU).
The National Long-Term Rating has been upgraded to ‘BBB(nga)’ from ‘BBB-(nga)’.
To that extent, no patriotic Nigerian can pretend to be satisfied with the development and progress of this country 61 years after independence. Yet, it is not misguided optimism to argue that the nation’s best days are still ahead.
Reacting to the call in Abuja, the Secretary General of the CNPP, Chief Willy Ezeugwu, noted that “the CBN Governor had not done anything to warrant the call for his resignation hence PDP does not enjoy the support of other opposition political parties in this call.