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Nigerian Government Gives Banks Approval to Print National Identity Cards for Nigerians
The Nigerian government is moving to empower banks to issue debit cards that will double as National Identity Cards to Nigerians, following the ...
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Nigeria: CBN Revokes Licences of 132 Microfinance Banks, Others
The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. ...
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Nigeria: NIN enrolment hits 100 million in 2 years
The National Identity Management Commission (NIMC) has revealed that enrolment for the National Identification Number (NIN) hit over 100 million people. This was disclosed ...
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Nigeria: CBN creates eNaira awareness among women
Central Bank of Nigeria has taken the sensitisation drive of eNaira to women during the Law Ladies Day programme in University of Lagos, ...
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Nigeria: Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May ...
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Nigeria: African Development Bank Approves $15 Million Loan to Support Infrastructure Financing in Nigeria
The Board of Directors of the African Development Bank has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit) to strengthen ...
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Nigerian Fintech P2Vest Launches Insurance Marketplace
P2vest Technology Limited has announced the launch of its new product, P2Vest InsuranceParasol. The product, the company said in a statement, will provide ...
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Nigeria: CBN excludes mint company from printing cheques
The Central Bank of Nigeria has approved four local firms to print cheques in the country, according to a new circular. The circular, ...
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Nigeria: eNaira adoption in Nigeria still poor, says IMF
The International Monetary Fund (IMF) has expressed disappointment over the rather slow adoption of Nigeria’s digital currency, eNaira, stressing that it leaves nothing ...
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Nigeria: PenCom Recovers N24.53bn Pension Contributions from Defaulting Employers
The National Pension Commission (PenCom) has recovered about N24.53 billion as pension contributions owed workers by defaulting employers. The Director-General of PenCom, Mrs ...
