Obidients are the most brilliant sets of people from Nigeria…. As if they are selected amongst the crops of the finest… No wonder, they can’t be GASLIGHTED!!! Below is a very lucid explanation of all the recent CBN’s monetary policy and abragadabra….. Read the analysis by @Nefertiti… “For those of us who do not
‘PoS Operators Not Endangered,’ CBN Gives Conditions For Bulk Withdrawal
The Central Bank of Nigeria (CBN) has countered claims that its new policy limiting cash withdrawals is targeted at point-of-sales (PoS) agents in particular. Though the apex bank, on December 6, set the weekly withdrawal limit at N100,000 and N500,000 for persons and organisations, respectively, it made allowances for compelling cases to withdraw up to
CBN To Reduce The Volume Of N500, N1000 In Circulation
Nigeria’s Central Bank Governor, Godwin Emefiele has announced the apex bank is planning to reduce the volume of N500 and N1000 notes in circulation “over time”. The governor made this known in his briefing to the media at the monetary policy communique held on November 22nd, 2022. He was responding to questions about the ease