The theme of the Summit is: “Rights and Obligations of Bank Customers.”
The Central Bank of Nigeria says the currency swap agreement with the People’s Bank of China will not cover the importation of substandard goods into the country.
The Central Bank of Nigeria, CBN, said it was developing a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country.
The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, the News Agency of Nigeria reports.
He said that the visit was to ascertain banks compliance with the new directive by the CBN to sell foreign currencies to all customers over-the-counter whether the customer had an account or not.
Godwin Emefiele, Governor of the Central Bank of Nigeria, made this known at a news conference on Tuesday in Abuja on the outcome of the MPC meeting.
Kalu, a chieftain of the All Progressive Congress, gave the advice in an interview with the News Agency of Nigeria in Abuja.
When in 2016 Adeosun confidently postured that Nigeria did not need the IMF medicine but would resolve its problems organically, there was consternation, even ridicule. But two years on, the minister has been proved right.
A statement by Nigeria’s apex bank said the Governor of the CBN, Godwin Emefiele, led CBN officials, while the PBoC Governor, Dr. Yi Gang, led the Chinese team at the official signing ceremony in Beijing, China on April 27 2018, a…
The duo replied the Emir of Kano, Alhaji Muhammadu Sanusi, and gave reasons for their absence at the summit
The Minister and the CBN Governor gave this assurance at a joint press briefing at the end of the 2018 International Monetary Fund and World Bank Spring Meeting in Washington DC, United States.
Also summoned on the matter are the Minister of Finance, Kemi Adeosun and her Defence counterpart, Mansur Dan-Ali.
Tsoho fixed the date for judgment after listening to arguments of counsel and adopted processes.
The Senate decision was sequel to a point of order raised by Senator Samuel Anyanwu, who came under Order 43, making reference to sections 80, 2 and 3 of the Constitution.
Discussions would take place under the auspices of the World Bank Group and the International Monetary Fund.
The CBN Governor, Godwin Emefiele at the inauguration of the scheme in Abuja, said that the fund was set up by the Bankers Committee at its 331st meeting held on February 9, 2017.