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FINANCIAL INCLUSION: CBN plans to eliminate gender gap by 2024

By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it will eliminate gender gap in financial inclusion by 2024 using its latest released framework for advancing women’s financial inclusion in Nigeria. The framework, according to the apex bank, builds on the revised targets of the 2018 National Financial Inclusion Strategy, which aims at reducing
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We prefer stable exchange rate now to building reserves — CBN replies IMF

The Central Bank of Nigeria, CBN, yesterday responded to the International Monetary Fund, IMF, propositions on judicious use of the nation’s external reserves to build buffers against the shock of rising interest rates in the monetary policy normalisation regime of the United States, saying CBN’s policy preference for now is to maintain exchange rate stability.

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