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CBN denies devaluing naira, commits to gradual rate convergence

The Central Bank of Nigeria (CBN) says it has not devalued the naira, even as it pledged its commitment to gradual rate convergence. The Deputy Governor in charge of Economic Policy, Dr. Kingsley Obiora..

CBN: Why we kicked out cryptocurrency

June 2, 2023. Azonuchechi Chukwu. The Central Bank of Nigeria (CBN) has explained how the interference of the private sector and the opacity of cryptocurrency forced it to put an end to the growth of cryptocurrency in the nation. Deputy Governor Economic Policy of the CBN Dr. Kinsley Obiora stated this in Abuja at the |

CBN Gives Clear Explanation: Nigerians Are Not Allowed to Withdraw Cryptocurrency Funds from Commercial Banks

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