President Muhammadu Buhari has said that the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over...
President Muhammadu Buhari will today (Monday) formally unveil the country’s first digital currency, eNaira, at State House, Abuja. Central Bank of Nigeria (CBN) in a statement...
Femi Otedola, business mogul and founder/chairman, Geregu Energy Group, has reportedly acquired the majority shares of FBN Holdings (FBNH). The acquisition is coming some six months...
Online payments reached record heights in Nigeria in the third quarter of 2020, when the value of transactions increased to $116 billion from $68.3 billion in...
Central Bank of Nigeria (CBN) has announced that the yet-to-be-launched eNaira will have a new add-on that will enable users to complete transactions with mobile phones...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement...
Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the framework of the...
Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, governor Godwin Emefiele told a conference on...
KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, has been identified as the leading provider of digital payment services for e-commerce transactions in Nigeria. The...
A federal high court sitting in Awka, Anambra state has faulted the Central Bank of Nigeria (CBN) for imposing discriminatory bank charges on some categories of...
