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Central Bank of Nigeria (CBN) has announced new regulations for processing Point of Sale (PoS) transactions across the country, directing that all POS transaction are to...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to deposit unclaimed balances and funds in dormant accounts to the apex bank accounts....
International Monetary Fund (IMF) has revealed that 56 percent of central banks or supervisory authorities do not have a national cyber strategy for their financial sectors....
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with...
Central Bank of Nigeria (CBN) has awarded the country’s second Payment Terminal Service Aggregator (PTSA) license to Unified Payments, Nigeria’s premier financial technology company, following a...
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks. NIMC said it is working...
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services. NIMC made...
Federal government recently announced plans to launch three new national identity cards in May, targeting 104 million citizens. This initiative is part of a broader effort...
National Identity Management Commission (NIMC) has appointed SecureID, a Lagos-based company as first manufacturer of AfriGo Card, the national domestic card scheme, an innovative identity solution...
National Identity Management Commission (NIMC), in collaboration with Nigeria Inter-bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN), is set to launch an improved...