News
Nigeria: UBA to begin cross-border transactions with PAPSS in Q4
United Bank for Africa Plc. (UBA) says it will soon start cross-border transactions with the new Pan-African Payment and Settlement System (PAPSS) in ...
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NIGERIA: NITDA HOSTS BLOCKCHAIN DAY AT DIGITAL NIGERIA CONFERENCE IN OCTOBER 2022
The National Information Technology Development Agency (NITDA) under the Federal Ministry of Communications and Digital Economy in partnership with Domineum Blockchain Solutions a ...
Nigeria
Nigeria: Nigerian Senate Moves To Amend Central Bank Act, Reduce CBN Governor’s Power
The Nigerian Senate has passed a bill to reduce the power of the governor of the Central Bank of Nigeria, CBN. The bill ...
News
Nigeria: Central Bank of Nigeria (CBN) grants Microfinance Banking License to Gabsyn Microfinance Bank
The Central Bank of Nigeria (CBN) has granted GABSYN MICROFINANCE BANK the final approval to operate as a Microfinance Bank in Ikorodu, Lagos ...
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Nigeria: Sterling Bank to change name as shareholders approve restructuring
Sterling Bank Plc will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company, ...
Nigeria
Nigeria: FintechNGR Offers to Mediate between FCCPC and Digital Lenders
The Federal Competition and Consumer Protection Commission (FCCPC’s) recent directive to all operating payment systems (in Nigeria) including Flutterwave, Opay, Paystack, and Monify ...
Nigeria
Nigeria: Investment Securities Bill Key to Economic Growth -SEC
The Securities and Exchange Commission (SEC) says the passage of the Investments and Securities Bill (ISB) will facilitate the growth of the economy. ...
Nigeria
Nigeria: Telecom Regulator, NCC Debunks Recruiting Rumours
The Nigerian Communications Commission(NCC) has debunked claims that false advertisements are being circulated online, seeking applications for an alleged recruitment exercise. In a ...
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Nigeria: External Reserves Dip Ahead of CBN $1.7bn FX Backlog Payment
Ahead of a scheduled $1.7 billion foreign currencies (FX) backlog payment, Nigeria has seen its external reserves drooping for the third week amidst ...
News
Nigeria: Digital Bank FairMoney Partners Oradian to Accelerate Market Growth
FairMoney, a credit-led mobile banking platform for emerging markets in Africa and Asia, has partnered with Oradian, a cloud-based core banking system, to ...
