CBN reaffirms commitment to Nigeria’s financial system stability
Nigerian banks and internet providers are experiencing disruption in their services as Yemen’s Houthi rebels continue their attacks on the Red Sea.
“Airlines should not be unfairly penalised by the lower exchange rate.’’
The loan facility is to finance educational projects, agriculture, quality healthcare delivery, energy, transportation, and other critical infrastructure.
According to the statement, the governor was upset by the long queues at ATMs amid acute scarcity and hopelessness in Zamfara.
It also requested that the banks provide a list of their top 50 customers who received the most forex from the banks’ allocation.
The Senate resolution was sequel to a motion passed at the plenary on Wednesday ”on the redesign of the new naira notes by the CBN and call for legislative support.”
The facility is also to reduce the cost and delivery of petroleum products distribution to many parts of the country.
Finance experts say that the record loss would redefine the future operations of Kuda.
The musician has threatened to name and shame banks aiding fraudsters using his name to scam people.
