Network International unveils a $250M payment platform for telcos and banks by Saibu Grace August 9, 2024 0 Network International, a Dubai-based payment services provider, has launched its innovative $250 million digital payment platform, Network One, in Nigeria, ...
NOVA Bank pledges unmatched PHYGITAL banking experience for Nigerians by Ibukunoluwa Bankole July 31, 2024 0 NOVA Bank Limited, formerly NOVA Merchant Bank, has officially commenced operations as a national commercial bank. With the approval of ...
Naira Stability: CBN Opens FX Window to IMTOs by Saibu Grace June 26, 2024 0 International Money Transfer Operators (IMTOs) may sell foreign exchange in the official window as long as the value of the ...
CBN’s Licence Revocation and Heritage Bank: NDIC’s Role by Saibu Grace June 6, 2024 0 The Nigerian Deposit Insurance Commission (NDIC) has started liquidating Heritage Bank following its appointment as liquidator by the Central Bank ...
CBN lifts Opay, Moniepoint, others account ban following compliance efforts by Ibukunoluwa Bankole June 3, 2024 0 The Central Bank of Nigeria (CBN) has announced that the ban on new account openings for leading fintechs, including OPay, ...
Who is Afraid of Cryptocurrency in Nigeria? by Staff Writer May 29, 2024 0 Cryptocurrency is a digital payment system that does not depend on banks for transaction verification. It's a peer-to-peer system that ...
Cybersecurity levy circular withdrawn by CBN by Saibu Grace May 20, 2024 0 The Cybercrime Prevention and Prohibition Amendment Act of 2024's proposed cybersecurity levy, as suggested by the Central Bank of Nigeria ...
Stakeholders decry CBN’s clampdown on Cryptocurrency by Saibu Grace May 12, 2024 0 Stakeholders in the blockchain industry have blamed Nigeria's cryptocurrency trading challenges on the policies of the Central Bank of Nigeria ...
Lawmakers urge CBN to withdraw Cybersecurity levy by Ibukunoluwa Bankole May 10, 2024 0 In a recent development, the House of Representatives has called upon the Central Bank of Nigeria (CBN) to retract the ...
Why CBN’s Cybersecurity levy on electronic transfers is crucial by Modupeoluwa Olalere May 7, 2024 0 The National Security Adviser would supervise the cyber security levy deduction process, according to the Central Bank of Nigeria (CBN). ...