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Nigerian Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30 | |
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After Bitcoin U-Turn, Nigeria Plans To Launch Central Bank Currency This Year
According to Reuters, the Central Bank of Nigeria (CBN) plans to launch a digital currency pilot as soon as the end of this year. Last month, the CBN Governor, Godwin Emefiele, made a U-turn on Bitcoin and other cryptocurrencies by saying he will “allow” them. дальше »
2021-6-22 03:00 | |
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Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital. дальше »
2021-5-30 21:43 | |
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Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it
According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. The post Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it appeared first on CryptoSlate. дальше »
2021-5-28 19:00 | |
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Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. дальше »
2021-5-26 12:00 | |
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Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” […] дальше »
2021-4-21 05:30 | |
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Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor
The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:21 | |
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Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians. дальше »
2021-2-26 07:15 | |
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Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%. дальше »
2020-12-4 06:00 | |
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This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. дальше »
2019-3-11 15:00 | |
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