30 results
- 6 Aug 2012
“Efficient Payment System’ll Enhance Effectiveness of Monetary Policy, Financial Stability”
Tunde Lemo, the deputy governor, Operations of Central Bank of Nigeria (CBN) has said that an efficient payment system will enhance the effectiveness of monetary policy and the overall financial…
- 11 Nov 2020
British Envoy Lauds Lagos Govt on Cashless Policy and Financial Inclusion Drive
Ben Llewellyn-Jones, British Deputy High Commissioner (DHC) has lauded Lagos State for driving cashless policy and financial inclusion in Nigeria He stated this on Wednesday, while delivering a…
- 18 Jul 2021
AMMBAN Decries Agency Banking Abuse in the Financial Inclusion Policy
Association of Mobile Money and Bank Agents in Nigeria (AMMBAN ) has frowned at none compliance and monitoring of activities of agents deployed on the financial inclusion programme of Central Bank of…
- 18 May 2026
EFCC Which Handles Sensitive Data, Financial Records has No Privacy Policy on Website- FiJ
Economic and Financial Crimes Commission (EFCC) does not currently maintain a public privacy policy on www.efcc.gov.ng , its official website. Ola Olukoyede, EFCC chairman, EFCC This is despite…
- 16 Oct 2017
Policy, Regulation Should Bolster Innovation To Ensure Financial Inclusion Is Achieved
By Daniel Monehin Walk through bustling marketplaces in Africa and you will see a substantial amount of money changing hands, as merchants and consumers haggle over the goods and services. What…
- 3 Feb 2017
AfDB , AFI Sign MoU to Enhance Financial Services
African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent. The…
- 24 Jan 2013
CBN Sets New Deposit Limits, KYC
Central Bank of Nigeria (CBN) has set new deposit limits for all categories of account holders and introduced three-tier Know Your Customer (KYC) requirements for banks. The apex bank recognized that…
- 29 Jul 2016
FXTM Analysis: BoJ Policy Meeting In Focus
Financial markets are on standby ahead of Friday’s Bank of Japan (BoJ) monetary policy decision which is widely expected to conclude with unleashing a mammoth 28 trillion Yen stimulus to support the…
- 19 Aug 2026
FDX by GITEX to unveil blueprint for Africa’s inclusive financial future
FDX by GITEX, a new platform focused on transforming Africa’s financial ecosystem, is set to bring together regulators, investors, enterprises and startups in Lagos to advance financial inclusion and digital innovation.
- 8 Jun 2022
Experts to Brainstorm on Nigeria's Financial Inclusion Initiative at Oriental News Nigeria Confab
Key stakeholders in Nigeria's financial sector would engage in a robust round table discussion on governments key policy which centers around inclusive financial system that will cover all strata of…
- 27 Jan 2025
CBN Waives 2025 Licence Renewal Fee for Bureaux de Change Operators
Central Bank of Nigeria (CBN) has waived the 2025 licence renewal fee for all bureaux de change (BDC) operators. Jonah Onojah, director of the financial policy and regulation department, announced…
- 4 Oct 2018
NCC Extols VAS Contribution to Financial Inclusion
The Nigerian communications commission on Thursday said that the geometric increase in the number of Value Added Service (VAS) in the country has contributed in promoting financial inclusion policy…
- 18 Jul 2016
Policy, Economy Hobble e-Payment Channels Deployment
Inconsistent policies by financial regulator and harsh economic situation in the country have been attributed as responsible for the slow deployment of electronic payment channels such as Automated…
- 26 Nov 2013
Agilis Core Insurance Software Makes Celent EMEA Policy Administration Systems Report
Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, has announced that Agilis Core Insurance suite was ranked and included in the…
- 19 Jul 2022
Ping Express Dispels Money Laundering Claims, Says Nigerians Are Treated Harshly for having Ineffective Anti-Money Laundering Policy
Ping Express, a financial technology company that was alleged to have laundered $160 million to Nigeria has debunked claims. The company denied the claims in a statement released on Tuesday and made…
- 8 Feb 2026
EFInA Unveils Research Fellowship Programme to Deepen Financial Inclusion Impact
Enhancing Financial Inclusion and Advancement (EFInA) has selected three fellows for its inaugural EFInA Research Fellowship Programme, an eight-month initiative aimed at strengthening evidence on…
- 15 May 2024
Halilu Tasks NASENI Finance Managers On Effective Resource Management
Mr. Khalil Suleiman Halilu, Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), has underscored the importance of…
- 11 Oct 2022
Inuwa, DG NITDA says Fintech has Helped Move Many Nigerians Out of Poverty
Kashifu Inuwa CCIE, the Director-General of NITDA, emphasized the fact that Nigeria is doing pretty well in the Fintech industry and Environmental, Social, and Governance (ESG) especially with the…
- 21 Jul 2015
AFI, MasterCard Host over 50 Policymakers & Regulators for Africa’s Financial Inclusion
The Alliance for Financial Inclusion (AFI) and MasterCard, with support from the Bill & Melinda Gates Foundation, on Monday implemented a first of its kind technical capacity building workshop…
- 17 Jan 2017
AfDB Appoints Nigerian Director for Energy Financial Solutions
The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017. He brings with…
- 24 Nov 2019
Stamp Duty Charge on PoS Transactions As A Disincentive to Increased Penetration
The burden of handling cash by banks and merchants was becoming enormous that central bank of Nigeria conceived and began promoting electronic payment channels to ease the risk. There are several…
- 20 Aug 2020
CIBN Urges Stability of Financial System
The Chartered Institute of Bankers of Nigeria, CIBN, has stressed the need to create stability within the financial system which it said will go a long way in promoting economic prosperity of the…
- 25 Sept 2019
AMMBAN Decries CBN Directive Mandating Stamp Duty on POS Transactions Above N1,000
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed concerns over the introduction of stamp duty on single count point of sale (POS) transactions above N1,000 by the…
- 20 Jun 2022
NAICOM License Micro Insurance Institutions to Promotes Financial Inclusion
The National Insurance Commission (NAICOM), has explained that its reason for issuing operating licenses to micro insurance institutions was to ensure that Nigerians at the grass roots were not left…
- 17 Oct 2022
NowNow Appoints David London, Others to Advisory Board
African digital banking solution, NowNow Digital Systems Limited announces the appointment of David London, Managing Director, Cybersecurity, The Chertoff Group; Henrietta Bankole-Olusina, VP and…
- 18 Sept 2025
Don’t Spray, Mutilate Naira - CBN
Central Bank of Nigeria (CBN) has warned Nigerians, especially market women, against spraying, hawking and mutilating of the naira, the nation’s national currency. Olayemi Cardoso, governor, CBN, who…
- 19 Apr 2019
Industry Heavy Weights to Attend BoICT Awards @ 10
Board and management of Communication Week Media Limited, publishers of Nigeria CommunicationsWeek, delightful announced that more than 130 policy and decision makers in the ICT, financial…
- 10 Apr 2019
Top Executives Confirm Attendance @ BoICT Lecture/Awards 2019
Board and management of Communication Week Media Limited, publishers of Nigeria CommunicationsWeek , delightful announced that more than 130 policy and decision makers in the ICT, financial…
- 22 Mar 2010
CBN Moves to Check ATM Fraud
Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN) has expressed deep concern about Automated Teller Machines (ATMs) fraud becoming a major issue in the Nigerian banking industry.…
- 17 Apr 2015
MasterCard Partners AFI Network Regulators to Advance Financial Inclusion
MasterCard and the Alliance for Financial Inclusion (AFI) signed a strategic partnership agreement that will enable a close collaboration within AFI’s Public-Private Dialogue Platform (PPD). Launched…