CBN Framework for Non-Bank Acquiring in Nigeria
CBN Regulatory Framework for Non-Bank Acquiring in Nigeria The CBN has released a regulatory framework for non-bank acquiring to all deposit money banks, payment service …
Category: Finance in Africa
Most cryptocurrency trading in Nigeria are illegitimate – CBN Gov. Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that there is an ongoing investigation that suggests a substantial percentage of …
Nigeria: First quarter 2021 inflation tops the previous quarter, year
First quarter 2021 inflation in Nigeria. In the first three months of 2021, the economy in Nigeria grew by 0.51% from the year before, topping …
SFU arrests 21-year-old head of Brisk Investment Nigeria for fraud and failing to deliver on 60% ROI
Brisk Capital Nigeria involved in investment fraud. A conventional investment company in Nigeria Brisk Capital Limited has become involved in a N2bn fraud. The head …
CBN updated licence requirements for mobile money operators
The Central Bank of Nigeria, CBN has a laid out rule and licence requirements for mobile money operators. It covers areas like: Eligibility Capital requirement …
NCC bans unauthorised sales and use of GSM boosters
NCC on the use of GSM Boosters The Nigerian Communications Commission NCC, alongside the Federal Ministry of Communications and Digital Economy, has announced that the …
WTO – DGG to Ngozi Okonjo-Iweala, who they are
WTO DGG to Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala announced four Deputy Directors-General (DGG) at the World Trade Organisation on May 4 2021. The four WTO DGG …
MDAs blamed for N39.5bn for duplicate projects in 2021 budget in Nigeria
Over 300 projects in the 2021 budget in Nigeria are duplicates according to BudgIT . Nigeria’s 2021 budget of N13.588 trillion signed in December 2020 …
CBN extends Naira 4 Dollar Scheme until further notice
The Central Bank of Nigeria, CBN has announced that it is extending the “Naira 4 Dollar Scheme for Diaspora Remittance” until further notice. The scheme …
Nigeria’s controversial minister Isa Pantami receives award
Nigeria’s Minister of Communication, Isa Pantami has received the award of the Most Outstanding Minister of the Year from People and Power Magazine. The Honourable …