I have watched with dismay as Nigerians and especially Nigerian youths once again are engaging in another quick get rich scheme called Cryptocurrency trading. Snake oil salesmen and women are now telling vulnerable Nigerians once again that they can make millions with cryptocurrency trade. That it is the best investment out there. Most Nigerians do …
Tag Archive: central bank governor
Stop Digging Mr. Central Bank Governor
CBN Act of 1958 established the Central Bank of Nigeria which commenced operation on July 1, 1959. As stated in the CBN act of 1958, the major regulatory objectives of the bank is to issue legal tender, maintain external reserves of the country, promote monetary stability and sound financial environment, act as banker of last …