“These institutions should enjoy security of tenure; their funding should be a direct charge on the Consolidated Revenue Fund,” said Mr Agbakoba.
Vincent Olatunji, the national commissioner of the Nigeria Data Protection Commission, announced this during an interview on Tuesday.
FairMoney Microfinance Bank boss said technology-enabled banking helped to push formal financial inclusion to over 64 per cent in 2025.
CBN has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth.
Speaker, Elvert Ayambem, commended the sponsor of the motion and members for supporting it.
“Payment of PTA/BTA by cash is no longer permitted,” the CBN said. “Authorised Dealers and the general public are hereby to note and comply accordingly.”
Nigeria’s inflation rate reached a 17-year high of 21.09 per cent in October.
The former vice president said the move will inspire future generations of Nigerians to sacrifice for their country and the continent.
The Buhari regime had banned trading of cryptocurrencies through Nigerian bank accounts on the excuse that it was being used for money laundering and other financial crimes.
![CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]](https://gazettengr.com/wp-content/uploads/CBN-Governor-Godwin-Emefiele.jpg)
