News
Nigeria: CBN, NIBSS, set to introduce national card scheme
The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, in conjunction with Bankers’ Committee will soon float a national ...
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Nigeria: CBN to review eNaira implementation one year after
The Central Bank of Nigeria has unveiled a programme of events to review and commemorate the first anniversary of the launch of Africa’s ...
News
Nigeria: FG to Convert CBN Loans to Bonds over a 40-year Period
Dr. Zainab Ahmed, the Minister of Finance, Budget, and National Planning, claimed that she had been given permission to securitize the Ways and ...
Nigeria
Nigeria: LoadMoto Launches in Nigeria, Set to Disrupt Existing Ride Hailing Apps
LoadMoto Technologies Limited, an indigenous firm that is based in Lagos, has launched LoadMoto, a ride hailing and logistics app that combines ride ...
News
Nigeria: CBN, AMCON announce sale of Polaris Bank
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase ...
Nigeria
Nigeria: Bumpa Raises $4 Million to Facilitate Production, Profitability for SMEs
Nigerian e-commerce startup, Bumpa, targeted at facilitating all-round-growth for SMEs, has raised $4 million in a seed round led by Base10 Partners, the ...
Nigeria
Nigeria: FG Reverses 10% Tariff Increases On Data, Voice Services
The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data ...
Nigeria
Nigeria: President Buhari signs Nigeria Startup Bill into law
President Muhammadu Buhari earlier today signed the Nigeria Startup Bill (NSB) into law. The Minister of Communications and Digital Economy, Isa Pantami, disclosed ...
News
Nigeria: CBN targets 10 agent-points in each 774 LGAs
To bring the eNaira to the grassroots, the Central Bank of Nigeria (CBN) says it will authorise 10 agent-points in all the 774 ...
News
Nigeria: DMO Fails to Raise N225bn after CBN Tightens Discount Window
Debt Management Office (DMO) fails to achieve N225 billion from sales of Federal Government (FGN) Bonds to interested market participants as subscription levels ...