More Ponzi Schemes Like CBEX Could Succeed in Nigeria Without Action
People are drawn to Ponzi Schemes like CBEX because of the total absence of financial literacy.
The perpetrators know exactly how to exploit this, hence, the frequent repetition.
Category: Finance
Tony Elumelu talks about the rise of young business owners
Following the announcement of the TEF 2021 cohort of 4,949 entrepreneurs, the founder, Tony Elumelu joined the IOD Annual Conference…
CBN eNaira wallet limits, minimum balances for all account types
For the purpose of the eNaira account operations, limits and balances, the Central Bank of Nigeria, CBN grouped customers into…
TEF selected 2021 entrepreneurs includes 1522 from Nigeria
The Tony Elumelu Foundation, TEF has announced its 2021 cohort of 4,949 entrepreneurs – the most extensive yet. TEF 2021…
TEF names 4,949 entrepreneurs eligible for its $5000 seed capital in 2021
The TEF Founder, Tony O Elumelu, today is hosting an event to unveil the names of 4,949 entrepreneurs from the 54…
eNaira Speed Wallets and other options available on the CBN platform
What are eNaira Speed Wallets? The Central Bank of Nigeria, CBN built the eNaira app with several capabilities to provide…
CBN eNaira – download, sign up and use eNaira wallet
The Naira upgrades to a new status with eNaira and wallet. The CBN has announced that President Muhammadu Buhari will…
World Bank suspends consultant for corruption in project in Nigeria
World Bank debars consultant for corruption in project in Nigeria A Nigerian consultant Mr Salihu Shehu Ahmad Tijani, has been…
Access to CBN eNaira, download and use of CBN eNaira wallet
Anyone can have access to the CBN eNaira through the wallet, use it as cash and for forex. The Central…
CBN denies customers on the BVN watch-list access to credit facilities
The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and a…