Tag: Central Bank of Nigeria
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We deserve exclusive rights to issue and revoke banks’ licences, CBN tells Senate
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BY ONYEKA AJUMOBI ONOCHIE The Central Bank of Nigeria (CBN) has urged the Senate Committee on Banking, Insurance and Other Financial Institutions to grant it powers to issue and revoke…
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Nigeria Gets $3.4b IMF loan to fight COVID-19
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The Federal Government of Nigeria has received $3.4 billion emergency fund it requested from the International Monetary Fund, IMF, CNBC reports. The emergency fund which was approved by the IMF…