The Senate has mandated its Committee on Banking, Insurance and other Financial Institutions and Finance, to investigate scarcity of lower denomination currency notes.
Governor Darius Ishaku of Taraba state has called on the Muhammadu Sanusi II, Muhammadu Sanusi II, to use his position to foster peace among farmers and herders rather than “raise unnecessary alarm capable of causing disaffection”.
Nigeria’s external reserve has risen further to $42 billion from the previous amount of $40.4 billion in January, 2018, The WHISTLER can exclusively report. A top official of the Central Bank of Nigeria (CBN), who spoke to this medium on the condition anonymity, said the further rise was due to a steady climb in the price of crude oil in the international market. “More than $1.5 billion has been added to Nigeria’s external reserves just between January 5 to date. The Federal Government can expect to continue to witness…
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has described the use of cryptocurrency as a “gamble”, saying it cannot be supported by the apex Bank.