CBN Disproves Azimo, It Is Not Registered, Use At Self Risk
Anyone who prioritizes the unregistered companies – Azimo, Transfer Wise – does that at their own risks – CBN. The Central Bank of Nigeria has …
Category: Finance in Africa
TEF – EU Collaboration Will Train And Fund 2, 500 Women In Africa
The joint initiative between the Tony Elumelu Foundation and the European Union (TEF/EU) targets wealth creation and expansion of businesses owned by women in Africa. …
NSHP: ₦2mn Will Afford Homes In Nigeria Under The FG Housing Scheme
After the CBN’s approval of N200 billion for mortgage financial facility to the Family Homes Fund in October, the NSHP scheme is duly accelerated for …
CBN N250bn Stimulus Package For Gas Investments – Who Can Get It?
The N250bn stimulus package provided by the Central Bank of Nigeria, CBN, for large and small scale gas investments in September is a comprehensive initiative …
Dollar Transfer To Nigeria Via WorldRemit Enabled After New CBN Rule
WorldRemit shuts naira transfer to Nigeria, enables transfers in dollar. The updated diaspora remittance rules by the Central Bank of Nigeria, CBN, directs banks to …
Nigeria Records 63.2% Financial Inclusion Rate in 2019
The Central Bank of Nigeria, CBN is inching closer to realizing its financial inclusion objective with 63.2% rate in 2019. Since the launch of the …
CBN Shuts Down Diaspora Remittance In Naira Under New Policy
Having reviewed and investigated the methods of International Money Transfer Operators in Nigeria, the Central Bank of Nigeria, CBN, noted that IMTOs could be involved …
CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market
Naira gains over dollar on Wednesday after new CBN diaspora remittance policy New CBN remittance policy could be cutting loses for the naira at the …
NEXIT Portal: NPower Nigeria Beneficiaries Can Now Apply For CBN Plan
NEXIT Portal for Npower beneficiaries The federal government of Nigeria is furthering the job creation and empowerment scheme, NPower by setting up a portal, NEXIT …
CBN Makes More Effort To Deepen Financial Market With Special Bill
CBN Special Bill will promote liquidity The Central Bank of Nigeria has introduced a special bill as a means to further deepen the financial market …