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Nigeria: GCR Places Union Bank of Nigeria on Rating Watch Evolving
GCR Ratings has placed Union Bank of Nigeria (UBN) Plc.’s national scale long-term and short-term issuer credit ratings and the national scale long-term ...
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Nigeria: Central Bank of Nigeria caps tenure of MDS, DMDs, EDs to 10 years
The Central Bank of Nigeria (CBN) has revised the regulatory requirements for the tenure of Executive Management and Non-Executive Directors of Deposit Money ...
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Nigeria: Cellulant Welcomes Ibrahim Gbolahan Aminu as General Manager in Nigeria
Ibrahim is a business manager with experience in digital payments, consumer channel development, market segmentation, cross-border remittances, and product management Cellulant (www.Cellulant.io) has ...
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Nigerian Banks Face Credit Risks from Regional Expansion
With uncertainties spreading across the markets, including large foreign currency depreciations, Nigerian banks will face near-term execution and credit risks from their presence ...
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Nigerians Overpay for Internet, Ranks 109th out of 117 Countries
The Global Internet Value Index released by Surfshark has revealed that Nigeria ranks 109th place in the world out of 117 countries, showing ...
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Nigeria: CBN Appoints Isa Abdulmumin as New Spokesperson
The Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as Acting Director of the apex bank’s Corporate Communications Department. Abdulmumin, a Deputy ...
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Nigeria: CBN to Release CVFF Funds to 5 Banks After Hitting $50m
Central Bank of Nigeria (CBN) will release the Cabotage Vessel Financing Fund (CVFF)Â to the five selected primary lending institutions whenever the money reaches ...
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Nigeria: Pantami Unveils Cyberspace and ICT Infrastructure Protection Committee
Professor Isa Pantami, Minister of Communications and Digital Economy, inaugurated on Thursday (February 23, 2023) in Abuja a committee led by Prof. Adeolu ...
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Nigeria: Mastercard Partners With NowNow to Support SME Cybersecurity Across Africa
Mastercard has partnered with Nigeria-based digital payment startup NowNow, in an effort to help SMEs reduce the risk of cyberattacks. The partnership aims to achieve ...
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Nigeria: Central Bank of Nigeria Renews Cellulant’s License in the Country
The Central Bank of Nigeria has announced that they have renewed the Payment service provider license of Cellulant in the country. The Central ...
