CBN partners with Bitt Inc for digital currency, eNaira project
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital …
How the federal government in Nigeria is spending the budgets
Nigeria – Federal government spending 2021. In a fiscal year, the federal budget can weigh heavily on a country’s economy or Gross Domestic Product, or …
CBN digital currency, e-naira could offer a major boost
The introduction of the e-naira by the Central Bank of Nigeria, CBN as a scheme in the protection of the local currency could also give …
PAPSS, single currency within the AfCFTA holds promises
African Continental Free Trade Area (AfCFTA) single currency. As part of a joint effort, the Economic Commission for Africa (ECA), the African Association for Public Administration …
What $3.4bn SDR from IMF means for Nigeria and its foreign reserve
Before the SDR from the IMF, Nigeria had its foreign reserve quoted at $33.54 billion. Global multilateral lender, the International Monetary Fund (IMF) has confirmed …
Simple ideas to make money, generate extra cash in Nigeria
Pick ideas, find a strategy and research what’s needed to extra money in Nigeria. With at least one stable income stream, anyone can generate extra …
Major cities in Nigeria will have full 5G coverage by 2025
All major cities in Nigeria are designated by the Nigerian communications commission, NCC to have full 5G coverage by 2025. However, the federal government is …
Twitter could begin paying taxes in Nigeria after ban
The Federal Government said that social networking platform, Twitter might have to register as a company in Nigeria, pay taxes and put a handle on …
Banks in Nigeria introducing online buying and selling of foreign exchange, FX
Bankers’ Committee in Nigeria has said that it plans to move FX sales online. Online FX is convenient for buying one currency and selling another …
CBN requires other financial institutions to set up cyber threat intelligence, CTI programme
CBN directs other financial institutions to set up a CTI programme. In its recent risk-based cybersecurity framework and guidelines for other financial institutions, OFIs, the …