All around the world, governments are trying to encourage cashless payments. Their reasons for doing so are multiple, including expanded financial inclusion and transparency, wanting to...
The average yield on Nigerian Treasury bills (NTB) rose moderately to 7% as cash tasty deposit money banks (DMBs), fund, and asset managers offloaded their holdings...
Telecommunications companies in Nigeria said they have received approval from the Nigerian Communications Commission (NCC) to disconnect Deposit Money Banks (DMBs) from using Unstructured Supplementary Service...
By CSL Research Team According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria...
Manufacturers Association of Nigeria (MAN) says some provisions of the 2023 fiscal policy measures by the federal government are inimical to the growth of the manufacturing...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the volume of transactions through e-payment channels between 2017 and 2021 increased by 836 per...
By Rosemary Iwuala The Central Bank of Nigeria (CBN) has assured Nigerians of safety of their money in banks through operation of the e-naira. The CBN...
Sandra Orim Leading global fintech brand, Unlimint, is set to launch its operations in Nigeria, after receiving its Payment Solution Service Provider (PSSP) License from the...
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market printed lower at N278 per United States (US) dollar. Creating...
By Rosemary Iwuala Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS), to launch the first national...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points to 18 per...
By Kingsley Moghalu The terrible suffering & economic loss Nigerians and Nigeria have experienced as a result of the faulty IMPLEMENTATION of the Central Bank of...
Currency in Circulation in Nigeria has dipped by a 72.19% to N982.09 billion at the end of February from N3.29 trillion at the end of October...
By Sandra Orim A former Central Bank of Nigeria’s Deputy Governor, Kingsley Moghalu, has expressed dissatisfaction over the series of crises created by the naira redesign...
By Rosemary Iwuala Following Monday’s declaration by the Central Bank of Nigeria (CBN) elongating the validity of old N200, N500 and N1,000 naira notes, Nigerians have...
As Buhari Disowns Emefiele, Malami on Attitude to S’Court Order The Central Bank of Nigeria (CBN) has said the old N200, N500 and N1000 notes remain...
Since the onset of the cash crisis that trailed naira redesign policy of the Central Bank of Nigeria, the Nigerian economy has lost an estimated N20...
The Centre for the Promotion of Private Enterprises (CPPE) has condemned the muteness of President Muhammadu Buhari and that of Godwin Emefiele, governor of the Central...
Demand and supply pressures in the currency market persisted for another week but the value of the naira strengthened last week across the board. Naira regained...
The Central Bank of Nigeria (CBN) has disbursed N114.17 billion to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the initiative....