The expert urged CBN to re-strategise and strengthen its regulatory framework in the financial sector so as to prevent such crisis in banks in future.
IATA’s director-general, Willie Walsh, said in a statement on Sunday that 98 per cent amounted to $831 million, while the remaining two per cent amounted to $19 million.
Peoples Gazette checks on Aboki Forex indicated that the naira exchanged in April for N1,000 was selling for N1,500 Wednesday afternoon.
“The government has consistently shown their willingness to listen to the concerned public,” he said.
“The documents we sent to the EFCC were duly signed by the staff of the bank.”
The extension followed widespread condemnation of the CBN’s recently announced 0.5 per cent cybersecurity levy on electronic transactions.
The Central Bank of Nigeria (CBN) on Tuesday directed banks to suspend charges on cash deposits until September 30, 2024.
“Hello! We’ve temporarily paused new sign-ups on our platform,” Moniepoint wrote in a message on its platform for intending customers on Friday.
The apex bank had earlier, on April 8, approved the sale of $10,000 to 1,588 eligible BDCs at the rate of N1,101 to the dollar.
The church called for the sustenance of the efforts to help curb inflation.
