LAGOS DECEMBER 22ND (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has lifted its two-year-old ban on cryptocurrency, replacing it with a comprehensive regulatory framework aimed at harnessing its potential while mitigating risks. The policy shift was announced on Friday in a circular signed by CBN Director of Financial Policy and Regulation, Haruna Mustapha. The full statement…
LAGOS JANUARY 10TH (NEWSRANGERS)-A rights activist and lawyer, Chief Malcolm Omirhobo, has asked a Federal High Court to interpret the provisions of Section 10 of the 1999 Constitution, in relation to the inscription on the Naira notes and logo of the Nigerian Army. The plaintiff filed two suits labeled FHC/Abj/CS/2/2020 and FHC/Abj/C’S/3/2020. The defendants in…
LAGOS SEPTEMBER 23RD (NEWSRANGERS)-The Central Bank of Nigeria (CBN) says the newly introduced controversial charges on bank deposits was optional. The CBN also said that charges on withdrawals from banks were optional for individuals and businesses. Reports have it that the apex bank made the claims on its verified/official Twitter handle Sunday morning. “Under the…