News
Nigeria: CBN seeks support of IATA to curb forex ‘ticket renting’
The Central Bank of Nigeria (CBN) has called for the support of the International Air Transport Association (IATA) to curb ‘Ticket renting’ in ...
Nigeria
Nigerian businesses to accept Apple Pay on Paystack
Paystack, a US-based fintech company, has announced it is launching Pay with Apple Pay on its platform. The company is now a payment ...
News
Nigeria: Verve partners NIMC to improve national identity management system
Verve has thrown its support behind the Federal Government’s efforts to create a robust digitization framework for comprehensive identity management for Nigerians. This ...
News
China to Establish Banks in Nigeria – In the Digital Currency Era
The Chinese Ambassador to Nigeria, Cui Jianchin, says he is in talks with Chinese-owned banks to establish operations in Nigeria, NAN reports. For ...
News
Nigeria: Federal Government Orders FIRS to Tax Digital Transactions
The Nigerian president has ordered the deployment of technology to tax all digital transactions carried out across the country. The Secretary to the ...
News
Nigeria: Five banks fined N1.4bn for forex infractions, others
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, ...
Intelligence
Nigeria ranks 118th in Global Innovation Index 2021, gains three points
Nigeria gained three points to rank 118th in Global Innovation Index 2021. When compared to its ranking of 121st in 2020 the country’s ...
News
Nigeria: CBN urges businesses to accept e-Naira, highlights benefits of digital currency
The Central Bank of Nigeria (CBN) has charged businesses to accept the country’s digital currency, e-Naira, as a legal tender after its launch ...
News
Nigeria: 9PSB, Flutterwave Partner to Boost Growth of Inclusive Financial Services
Nigeria’s first payment service bank, 9PSB and Africa’s leading payments technology company, Flutterwave, on Monday, entered into a partnership agreement that will help facilitate seamless ...
News
Nigeria: CBN supports MSMEs across the country with N477.78 billion
With the aim of supporting MSMEs across the country, the CBN disbursed N134.57 billion to Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS), and ...