MainOne, provider of Cloud Solutions Services, has reiterated its commitment to support commercial and microfinance institutions (MFIs) in achieving their goals. This is coming as central...
Nigeria Inter-Bank Settlement System Plc (NIBSS), incorporated and owned by all licensed banks including the Central Bank of Nigeria (CBN).), in partnership with all financial service...
B4G Consulting Ltd has asked a Lagos State High Court to restrain Systems Applications Products (SAP) from dissipating $3,371,945.27 and N5mllion with 28 Respondents including the...
The Central Bank of Nigeria (CBN) has introduced a ‘Naira 4 Dollar Scheme’ for diaspora remittances, which offers recipients of diaspora remittances through CBN’s IMTOs to...
Central Bank of Nigeria (CBN) defended the naira in six months with $10.3 billion intervention in the inter-bank foreign exchange market, its half-year report has shown....
Prof. Bolaji Owasanoye, SAN, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), , has stated that virtual and cryptocurrencies pose serious legal...
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for...
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria (CBN). The CBN attributed this new development to excess liquidity in...
Central Bank of Nigeria (CBN) has directed banks to automatically open dollar bank accounts for their customers who do not have domiciliary in order to facilitate...
Securities and Exchange Commission (SEC) has disclosed that there is no policy conflict between itself and the Central Bank of Nigeria (CBN) over the ban placed...
