Central Bank of Nigeria (CBN) has proposed two categories of Bureau De Change (BDC) licence- Tier 1 and Tier 2- that would see the minimum capital...
The PalmPay app now has enhanced features allowing users to effortlessly add their National Identification Number (NIN) and Bank Verification Number (BVN) to their wallets while...
Central Bank of Nigeria (CBN) could be looking to block Nigerians from using crypto websites to combat the weakening of the naira. While this is unconfirmed...
Federal government has announced plans to raise up to $10 billion as part of immediate strategies to bring liquidity to the foreign exchange market and strengthen...
The financial inclusion rate in Nigeria has improved. Since the country adopted an inclusion strategy in 2012, adult Nigerians with a bank account have increased, and...
Digital asset company, 3.0 Verse has partnered with Palremit, a digital wallet, to launch a virtual debit card. The partnership was sealed over the weekend with...
The Federal Government has assured the Federal Mortgage Bank of Nigeria (FMBN) of legislative amendments of relevant housing industry laws that will pave the way for...
Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5% to 15%. According to a circular by Dr...
The Pan African Payment and Settlement System (PAPSS) has added Banque Centrale de Tunisie as its thirteenth Central Bank member. According to PAPSS, this strengthens its...
Mr. ‘Deremi Atanda, managing director/CEO of REMITA, , has said that the platform generated N34.311 trillion into the Federation Account between 2015 and 2022. He made...