CBN halts Abuja Disco meter loan over unresolved board dispute

CBN defends stifling crypto market as investors count loss

The CBN says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies.

The Central Bank of Nigeria (CBN) has suspended credit facility to the Abuja Electricity Distribution Company (AEDC) for the financing of the National Mass Metering Programme because the apex bank is not certain to relate with the Disco’s board. The Disco is currently embroiled in a crisis asso

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