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Bridged Banks Step Into Line

A little over a year ago, the last plank in the Nigerian Central Bank’s rescue mission for the country’s banking industry was laid when the management of three distressed banks was handed over to the Asset Management Corporation of Nigeria (AMCON).…

Note Of Contention

The Central Bank of Nigeria’s (CBN) recent proposal to introduce new N5,000 notes into circulation and its plans to convert some of the existing lower denomination notes into coins early next year, have not gone down well with Nigerians who fear the policy will not only lead to inflation but will also worsen corruption.…