Bankers with more assets than income to face jail time – EFCC
Financial operators and bankers have been notified by the Economic and Financial Crimes Commission, EFCC, that the Bank Employees, ETC.…
CBN and NCC agree on N6.98 for single USSD financial transactions
The CBN and NCC settle USSD disagreements between mobile network operators, (MNO) and deposit money banks (DMB). The Central Bank…
Nigeria hits a 17.33% inflation rate in February – NBS
Nigeria hit an inflation rate of 17.33% (year-on-year) in February 2021 according to the consumer price index, (CPI) which measures…
Electronic Settlement Limited, ESL gets a fine of N5mn over data breach
National Information Technology Development Agency, NITDA said that it has concluded the investigation process on the personal data breach that…
PayPal and Flutterwave collaborate to make payment easy for businesses in Africa
Merchants in Africa are getting an added benefit from a new partnership between PayPal and Flutterwave. They will be able…
The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn
By the end of 2020, the Total Public Debt held in Nigeria was at N32.915 Trillion – DMO. Nigeria’s Debt…
COVID-19 also causes blood clot – Should Nigeria be concerned about AstraZeneca vaccine?
Will Nigeria stop the use of AstraZeneca COVID-19 Vaccine? The National Primary Health Care Development Agency, NPHCDA released a statement…
Nigeria will continue with AstraZeneca COVID-19 vaccine despite blood clot issues
AstraZeneca COVID-19 vaccine administration will continue in Nigeria The National Primary Health Care Development Agency, NPHCDA has released a statement…
CBN Naira 4 Dollar scheme for diaspora remittance – what is it?
How CBN Naira 4 Dollar works. The inconsistencies in oil prices in the global market have seen the Central bank…
Installing and using NQR as a payment solution for business in Nigeria
Mutual e-payment infrastructure company, Nigeria Inter-Bank Settlement System Plc (NIBSS) is about to launch a traditional payment solution, NQR. The…