Central Bank

  Sheikh Ahmad Gumi, the Islamic cleric who said bandits should be granted amnesty has called on the federal government to pay the N100 million ransom demanded by kidnappers of Greenfield University students to prevent the situation from degenerating further. Gumi also said, Tuesday, that Boko Haram was responsible for the kidnap and not bandits. […]

The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism. The bank, in a statement on Sunday evening, said it is determined to protect the country’s financial system from activities of “fraudsters and speculators”. Its directive […]


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