Wednesday, December 8, 2021
MARKET UPDATE

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Tag "deposit money banks (DMBs)"

CBN directs banks to close accounts of cryptocurrency traders

    CBN directs banks to close accounts of cryptocurrency traders

The Central Bank of Nigeria (CBN) has directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems.  This is according to a circular released

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CBN: One million borrowers have received loans below 20% interest rate since 2019

    CBN: One million borrowers have received loans below 20% interest rate since 2019

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) says over one million customers have accessed loans below 20 percent interest rate from deposit money banks. According

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