Nigeria’s CBN Approves 17 Companies as Mobile Money Operators and Prohibits Banks from Running Point-of-Sale
Due to the impending complete elimination of the fuel subsidy, we are not hopeful that inflation will decline. CBN Governor Emefiele says
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CBN Provides Email and Phone Numbers for Reporting PoS Operators Charging More Than the Authorized Rate
As the CBN orders the recirculation of old N200, N500, and N1000 notes, hundreds of customers flood banks.
NEWS FLASH: Buhari retracts, saying, “I never directed Emefiele or Malami to disobey the Supreme Court.”
As the CBN removes 70% of the available cash from circulation, Naira scarcity has cost the Nigerian economy N20 trillion.
