30 results
- 8 Jul 2018
Mint Expands Payroll Card, Proprietary ATM Services with African Agreement
Mint Gateway for Electronic Payment Services LLC, part of The Mint Corp., has entered into a three-year payment processing services agreement with an African payroll program. The program has a…
- 15 Jun 2021
CBN Agrees to Mint Currency for The Gambia
Central Bank of Nigeria (CBN) has agreed in principle to mint The Gambian Dalasi, following a proposal from Buah Saidy, governor of the Central Bank of The Gambia, who led a delegation to visit him…
- 5 May 2015
Court Okays Extradition of Okoyomon, Ex-Mint Boss for Bribery
Federal High Court in Abuja has approved the extradition of Mr Ehidiamhem Okoyomon, a former managing director of the Nigeria Security Printing and Minting Company (NSPMC) to the United Kingdom to…
- 30 Sept 2014
N750m Polymer Note Bribery: Okoyomon, Ex-Mint boss to Be Extradited to UK
Emmanuel Ehidiamhen Okoyomon, former managing director of the Nigerian Security Printing and Minting Company (NSPMC), is to be extradited to face trial in the United Kingdom. It was learnt that…
- 20 May 2014
Nigeria’s Position in MINT Economy Revolves Round IT-Experts
Information Technology (IT) experts unanimously agreed that Nigeria can leverage on its position in the MINT economy by exploring all aspects of information technology and intelligence. Addressing…
- 15 Dec 2024
CBN Cracks Down on Banks with N150 Million Fine for Mint Naira Note Hawking
Central Bank of Nigeria (CBN) has announced a fine of N150 million on Deposit Money Banks (DMBs) found guilty of illegally distributing mint naira notes to currency hawkers across the country. This…
- 20 May 2014
Nigeria’s Position in MINT Economy Revolves Round IT-Experts
Information Technology (IT) experts unanimously agreed that Nigeria can leverage on its position in the MINT economy by exploring all aspects of information technology and intelligence. Addressing…
- 15 Apr 2013
N750m Currency Contract: EFCC Quizzes, Releases ex-Mint MD
Economic and Financial Crimes Commission (EFCC) has released Ehi Okomoyon, former managing director of the Nigerian Security Printing and Minting Company (NSPMC), after being quizzed over alleged…
- 18 Jan 2013
Reps Probe Disappearance of N2Bn from Mint Vault
House of Representatives yesterday resolved to set up an ad- hoc committee to investigate the alleged disappearance of over N2 billion from the vault of the Nigeria Security Printing and Minting…
- 28 Aug 2014
CBN Restructures NSPMC, Appoints Ugbo as MD
Central Bank of Nigeria (CBN) has begun the restructuring of the Nigerian Security Printing and Minting Plc (NSPMC) in line with the directive of President Goodluck Jonathan. To this end, the board…
- 22 Apr 2014
CBN Warns Banks Over Mutilated Notes
The Central Bank of Nigeria (CBN), has warned that it would no longer tolerate complaints from commercial bank customers over payment of mutilated notes whereas mint notes found their way to the…
- 9 Mar 2009
NSPMC to Print N1, 000, e-Passport
Nigerian Security Printing and Minting Corporation (NSPMC) Plc has said that the N1, 000 note, Nigeria’s highest currency denomination would be printed locally and at the NSPMC by the end of…
- 30 Dec 2016
NSPM Shuns Printing of Small Naira Denominations
Nigeria Security Printing and Minting plc (NSPM) has not printed the small naira denominations for about a year, causing the scarcity of the notes in the economy, the News Agency of Nigeria (NAN)…
- 2 Jun 2020
NIPOST Claims Custodianship of Stamp Duty over FIRS
Nigerian Postal Service (NIPOST) has insisted that it has the statutory powers to print, mint, produce, retail and provide adhesive postage stamps. In a statement NIPOST faulted a circular by Federal…
- 2 Sept 2018
Buhari Taps Masanawa as New NSPMC Boss
President Muhammadu Buhari has approved the appointment of Mr Abbas Umar Masanawa as the Managing Director of the Nigerian Security Printing and Minting Company (NSPMC). The approval was…
- 25 Mar 2014
Jim O’Neill at AFC Live Lists 4 Agenda for Africa’s Development
Jim O’Neill, renowned economist who coined the ‘BRIC’ and ‘MINT’ acronyms, declares the African infrastructure divide, ‘both a defining challenge and a standout investment opportunity of our…
- 28 Feb 2012
ePayment to Control 3Bn Bank Notes Prints Annually-NSPMC
Upon disclosure that Nigeria prints about three billion bank notes annually, the Nigerian Security Printing and Minting Company (NSPMC) has affirmed that cash-less policy of the Central Bank of…
- 21 Sept 2009
CBN to Print New Polymer Notes
In a bid to save cost and reduce the frequency of processing/sorting and replacing unfit paper notes, the Central Bank of Nigeria (CBN) is to issue 1.915 billion new polymer currency notes of N5, N10…
- 4 Apr 2022
Bitcoin Community Can now Buy NFTs to Support Global Philanthropic Projects
The Built With Bitcoin Foundation,a humanitarian organization powered by Bitcoin, announced that it is working alongside Satoshibles NFT, to raise funds for the foundation’s on-going efforts to build…
- 17 Nov 2024
CBN Orders Banks to Load ATMs, Warns Against Cash Disbursement to Naira Hawkers
Central Bank of Nigeria (CBN) has threatened to penalise banks disbursing cash to naira hawkers. The apex has also directed banks to prioritise cash disbursement through automated teller machines…
- 28 Sept 2021
CBN Dismisses Plans to Steal Bank Customers with eNaira
Central Bank of Nigeria (CBN), has said that the eNaira is not a subtle scheme to take away bank customers. CBN in allaying the fears said the the plan is to grant access to more financially excluded…
- 16 Oct 2019
CBN Prints N177Bn New Naira Notes, Destroys N1.8Trillion Others
Central Bank of Nigeria (CBN) has said a sum of N176.9bn was spent to print banknotes between 2015 and 2018. This came as the apex bank also said that it destroyed unfit Naira currency notes…
- 22 Apr 2014
O’Neill, World Renowned Economist Invests in Paga
Mr. Jim O’Neill, former chairman, Goldman Sachs Asset Management and chief economist, popularly known for his coinage of ‘BRIC’ acronym in 2001, has invested in Paga, an indigenous mobile payments…
- 21 Mar 2014
Jim O’Neil Speaks as Airtel Premier Debuts on Sunday
Terence James "Jim" O'Neill, foremost British Economist and honourary Professor of Economics at the University of Manchester, who is best known for coining BRIC, the acronym that stands for Brazil,…
- 5 Feb 2019
FG signs MoU to Domesticate Passport Production
The Federal Government yesterday signed a Memorandum of Understanding (MoU), on domestication of production of Nigeria’s international passports. The agreement was signed between IRIS SMART…
- 20 Mar 2014
Okonjo-Iwuala, Elumelu, Others for AFC Inaugural Summit
The Africa Finance Corporation (AFC) which is on a mission to help address Africa’s infrastructure development needs while seeking a competitive return on capital for its shareholders has announced…
- 3 Mar 2015
Dangote Remains Africa Richest after Losing $10Bn
Alhaji Aliko Dangote, business magnate who owns the Dangote Group is still the richest man in Africa despite losing some $10.3 Billion to Naira’s slump, coupled with falling stock prices. According…
- 10 Mar 2014
AFC Hosts Summit to Address Infrastructure, Investment Deficit
Africa Finance Corporation (AFC), an African-led multilateral development financial institution whose mission is to improve African economies by proactively developing and financing infrastructure…
- 6 Sept 2015
Nigerian Airports Repositioned to Shape African Aviation
The new terminals at Nigeria’s major international airports in Lagos, Abuja, Kano, Port-Harcourt and Enugu will make Nigeria the hub of aviation in Africa, when they are completed in 2016. This was…
- 5 Mar 2012
From Cowries to Mobile Money
Great ancient African empires were regional kingdoms where trade and commerce where striving before the advent of colonialism. The great kingdoms of Africa from the Ashanti Empire (Modern Ghana) to…