Monthly Archives: November 2019

CBN New Deposit and Withdrawal Charges: Meaning and Implication

With more emphasis being placed on Nigerian’s cashless policy mandate, the Central Bank of Nigeria has made a move that will task depositors of cash exceeding a certain amount. A breakdown of this mandate for better understanding can be seen below: On 17 September 2019, a memo was issued to all Deposit Money Banks (DMBs) by the CBN and it

Read more

Nigerian Music- A Billion Dollar Industry

Around the world, the entertainment industry is definitely among the dynamic sectors in an economy. It opens new grounds for developing economics to benefit or become a critical part of the world economy. This can be seen in the export of creative products by developing countries with Nigeria at the forefront although Europe has been the big player in the

Read more