News
Nigeria: Telecommunication Companies Threaten To Withdraw USSD Services Over Alleged N80billion Debt By Banks
The association said that the accumulated debt from the unstructured supplementary service data (USSD), owed to them by banks, rose to N80 billion ...
News
Nigeria: Over 6,000 BVNs come under CBN Watch as Fraud Surges
According to information released by the Central Bank of Nigeria (CBN), there are at least 6,047 Bank Verification Numbers (BVNs) on its watch ...
News
Nigeria: Digital Bank Gomoney Launches ‘Split Bill Feature’ in Nigeria
Digital bank Gomoney now offers a “split bill feature” for its customers in Nigeria. The firm said this feature makes it easier for ...
News
Nigeria: PenCom to increase retirees’ monthly pension from February 2023
The National Pension Commission(PenCom) says it has approved the increase of monthly pensions for retirees on “programmed withdrawal” under the contributory pension scheme ...
News
Nigeria: NAICOM Hikes Third Party Vehicle Insurance to N15,000
Nigeria’s insurance watchdog, the National Insurance Commission (NAICOM) has raised Third Party insurance cover for motorists from N5,000 to N15,000 yearly with effect ...
News
Nigeria: World Bank says Nigeria Lost $144b in 4 years over CBN Exchange Rate Policies
The Central Bank of Nigeria’s (CBN) approach to managing exchange rates has drawn criticism from the World Bank once again and caused disagreement ...
News
Nigeria: 94% of cash transactions within N500, 000 new cash withdrawal limit, says Emefiele
The Central Bank of Nigeria (CBN) said 94 per cent of all cash transactions falls below the N500,000 new weekly cash withdrawal limit ...
News
Nigeria: CBN says 1.4m POS Agents Generated N6tr in Transactions
Every local government in Nigeria has a Point of Sale (POS) agent present, according to Godwin Emefiele, Governor of the Central Bank of ...
News
Nigeria: Binance Foresees Increased Crypto Adoption in Africa
Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, and Women in Tech, rolled out the drums to celebrate 2022 crypto-year in Nigeria ...
Nigeria
Nigeria’s SEC Wants Balance Between Tech Innovation, Investor Protection
Nigeria’s Securities and Exchange Commission (SEC) has said that it is trying to create a balance between investor protection and technological advancement. Mr. ...
