Some N8 million are exchanged daily by mobile money schemes in the country, underscoring the growing acceptance of the scheme after a lethargic take off, according...
Central Bank of Nigeria will take delivery of new naira notes before the end of September for circulation, according to Dr Tunde Lemo, deputy governor, Operations,...
Latest weekly poll released by NOI Polls Limited reveals that almost 6 in 10 Nigerians (59%) are not aware of mobile money services. Furthermore, only 13%...
Central Bank of Nigeria (CBN) has ordered banks in the country to report all transactions involving Boko Haram and Ansaru, the radical sects recently proscribed by...
Ogun state government has advised workers in its employ to embrace the new Central Bank of Nigeria (CBN) ‘cashless’ police because of capacity of reducing the...
Merchants in Nigeria that deployed point of sale terminals (PoS) and using them as means of payment of goods and services recorded transactions value of N9...
Central Bank of Nigeria (CBN) has directed banks in the country to increase the risk weight of loans to local governments, state governments and ministries, departments...
The central Bank of Nigerian (CBN) has said that the value of currency in circulation increased by 21percent to N1.631 trillion in the fourth quarter of...
Nigeria will make history as the first country in the world if she goes ahead with the introduction of cash machines that dispense coins, Nigeria CommunicationsWeek...
The Central Bank of Nigeria (CBN) is to reduce the amount of cash held by banks due to their failure to direct excess money into developing...
