Nigeria
Nigeria: Over 59 million bank accounts yet to be linked to BVNs
Data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) shows that the total BVN count as at January 16th 2022 has reached 52.1 million. Compared ...
News
Nigeria: EFCC arraigns ex-bank director over alleged N26.6bn fraud
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former director of the defunct Bank PHB, Mr. Funmi Adenmosun, at a Federal ...
Nigeria
Nigeria: DPO Group granted regulatory licence to provide payments services in Nigeria
DPO offers merchant aggregation services to over 60,000 active merchants, including eCommerce companies, airlines and travel agents One Payment Limited, a subsidiary of ...
Nigeria
Nigeria: Loan repayments, dividend payout force capital outflow from Nigeria – CBN
The Central Bank of Nigeria (CBN) has stated that the financial and manufacturing sectors caused the jump in Nigeria capital outflow. This was ...
Nigeria
Nigeria: IMF proposes $50bn trust fund for Nigeria and others
In an effort to build resilience to balance of payments shocks, The International Monetary Fund (IMF) has proposed a $50bn trust fund for ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN releases export/import e-invoicing guidelines
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN May Devalue Naira By 10% – Standard Chartered
A senior Investment Strategist at Standard Chartered, Abhilash Narayan, has said the Central Bank of Nigeria (CBN) may be seen to devalue the ...
Nigeria
Nigeria: AXA Mansard refreshes board, appoints non-executive directors, compliance officer
AXA Mansard Insurance Plc has announced changes in its board and management. The insurer made this known in a disclosure to the Nigerian ...
