News
Nigeria: Nigeria’s 95% Digital Literacy by 2030 Plan on Course – NITDA
The Federal Government’s plan to attain 95 per cent digital literacy by 2030 is on course. Mr Kashufu Abdullahi, the Director-General of the ...
Nigeria
Banks’ borrowings from CBN rise 233% to N26.9trn in 2021
Banks’ borrowings from the Central Bank of Nigeria, CBN, rose by 233 per cent, year-on-year, to N26.9 trillion in 2021 reflecting increased reliance on ...
News
Nigeria: ABCON asks CBN to de-risk BDCs operations to receive diaspora remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De ...
Nigeria
Ex-Governor of Nigeria’s Central Bank impressed by Ghana’s digitalisation drive
The former Emir of Kano and Governor of the Central Bank of Nigeria, Mohammed Sanusi Lamido Sanusi has commended Ghana’s Vice President, Dr. ...
Ghana
Bank of Ghana has gotten ahead of the Central Bank of Nigeria in Fintech – Sanusi Lamido
Former Governor of the Central Bank of Nigeria, Mohammed Sanusi Lamido Ghana is a leader in digital payment systems – Ex-Nigeria central bank ...
Nigeria
CBN forex policies may threaten economic growth in 2022 — Report
The Centre for the Promotion of Private Enterprise, an economic think tank, has said the “monetary and foreign exchange policy rigidities” of the ...
Nigeria
Nigerian edtech startup, Teesas raises $1.6 million in a pre-seed funding round
Nigerian edtech startup, Teesas launched less than two months ago has raised $1.6 million in a pre-seed funding round. The round was led ...
News
Nigeria: SEC warns investors against new Ponzi scheme
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has alerted the investing public that a firm known as Poyoyo Investment (Pilvest) ...
News
Nigeria: FCCPC to Shut down Illegal Money Lending Apps, Platforms
The joint committee tackling violation of consumer rights in the money lending industry will shut down illegal businesses at the commencement of its ...
News
Nigeria: Currency swap: CBN sells 3.69bn yuan in three years
The Central Bank of Nigeria has said it sold 3.69 billion yuan from the inception of the currency swap deal with China to ...