News
Nigeria: CBN Interest Rate to Hit 20%
As the fight against rising headline inflation begins to get messy, Societe Generale has said that the Central Bank of Nigeria isn’t finished ...
Intelligence
Nigeria: Financial phishing cyberattacks significantly increase in Kenya and Nigeria in Q2 of 2022
Complex cyberattacks should make fraud prevention a focal point to control fraud transactions, eventually reduce fraud risk in the future and avoid reputation ...
News
Nigeria: DG NITDA Makes Strong Case for e-Voting
The proper administration of elections contributes immensely to the growth of democracy and civic development, Kashifu Inuwa, the Director General, National Information Technology ...
News
Nigeria: CBN Gives Commercial Banks 48 Hours to Deposit Over N6trn Customers Deposit Into Its Account
The Central Bank of Nigeria has issued 48 hours deadline to commercial banks to deposit not less than N6.96 trillion of customers’ deposits ...
News
Nigeria: eNaira Records over 1.49m Transactions Worth N3.484b
The Central Bank of Nigeria (CBN) said the eNaira application has recorded over 1.49 million transactions worth over N3.484 billion. Godwin Emefiele, the ...
News
Nigeria: CBN recovers 3.7trn intervention funds
Beneficiaries of various Central Bank of Nigeria (CBN) intervention schemes have re-paid a total of N3.7 trillion out of the N9. 3 trillion ...
News
Nigeria: UBA to begin cross-border transactions with PAPSS in Q4
United Bank for Africa Plc. (UBA) says it will soon start cross-border transactions with the new Pan-African Payment and Settlement System (PAPSS) in ...
News
NIGERIA: NITDA HOSTS BLOCKCHAIN DAY AT DIGITAL NIGERIA CONFERENCE IN OCTOBER 2022
The National Information Technology Development Agency (NITDA) under the Federal Ministry of Communications and Digital Economy in partnership with Domineum Blockchain Solutions a ...
Nigeria
Nigeria: Nigerian Senate Moves To Amend Central Bank Act, Reduce CBN Governor’s Power
The Nigerian Senate has passed a bill to reduce the power of the governor of the Central Bank of Nigeria, CBN. The bill ...
News
Nigeria: Central Bank of Nigeria (CBN) grants Microfinance Banking License to Gabsyn Microfinance Bank
The Central Bank of Nigeria (CBN) has granted GABSYN MICROFINANCE BANK the final approval to operate as a Microfinance Bank in Ikorodu, Lagos ...