The last two or so weeks have seen the dramatic slide of the Naira vs other currencies. This is proving traumatic to many of us especially given the acceleration of the decline which has made, once again, expenses creep up even further. Additional concern has been raised by the Governor of the CBN whose behaviour… Continue reading CBN vs. AbokiFX
Tag: CBN
CBN vs. The Fintechs
On the 17th August 2021, CBN took action against 4 extremely popular Fintech companies by freezing the accounts they hold with a number of commercial and microfinance banks. CBN seems to be continuing in its ‘war’ against Fintechs and laying the blame for the terrible state of the Naira on them. This post considers whether… Continue reading CBN vs. The Fintechs