A member of CBN’s Monetary Policy Council hinged his support of the plan on the non-reflection of the increase in crude oil prices on government oil revenue.
The embargo on cryptocurrency exchanges by the Buhari administration ignited furore amongst Nigerians, many of whom excoriated the regime for its poor economic policies.
An association argues rice imports could lead to the collapse of local rice mills, resulting in massive job losses across the country.
The top rating agency found the CBN funds Buhari’s policies under dubious accounting and opaque balance sheet filings.
According to him, if the ABP loans reach the real farmers as intended by the federal government, more farmers will be empowered and Nigeria will have better rice production statistics.
Resurgent COVID-19, food supply shocks, heightened insecurity, foreign exchange policies, and higher energy costs are factor to consider.
NDIC has been instructed to liquidate assets of the ‘non performing’ banks.
![CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]](https://gazettengr.com/wp-content/uploads/CBN-Governor-Godwin-Emefiele.jpg)
Nigerian banks have been charging N50 as stamp duties on transactions above N1,000 across the country for several years.
Governor Okezie Ikpeazu has come under public pressure to activate stringent disciplinary action against Anthony Agbazuere.
The official denies ADP’s direct involvement in funds disbursements.
