CBN Threatens to Go after Landlords, Schools, Collecting Payment in Dollars

The Central Bank of Nigeria has frowned at the growing practice of trading goods and services in foreign currencies instead of the Naira in Nigeria. 

The Bank’s governor, Godwin Emefiele, said in Abuja on Tuesday at the end of the Monetary Policy Committee meeting that it is illegal for landlords or school proprietors to demand rents or fees in dollars, while transacting other businesses in foreign currencies.

CBN to print electoral materials for 2015 elections

CHAIRMAN, Independent National Electoral Commission (INEC), Professor Attahiru Jega, on Wednesday, said the commission would explore ways to collaborate with the Central Bank of Nigeria (CBN) on the printing of electoral materials for the elections.
This came contrary to rumours doing the round that INEC would print electoral materials for the election abroad.