The Monetary Policy Committee of the Central Bank of Nigeria (CBN), yesterday expressed concern over the drop in fiscal buffers stating that the development had exposed...
The Executive Board of Directors of the Nigeria Internet Registration Association (NIRA) has named Mrs. Edith Udeagu as the new chief operating officer (COO) and Secretary...
Central Bank of Nigeria (CBN) has said the nation runs a cash-based economy and this informed the central bank’s Cash-Lite Policy which aims to reduce the...
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to...
The Central Bank of Nigeria (CBN) says the nation’s aggregate foreign capital inflow stood at 4.94 billion dollars as at the fourth quarter of 2013. The...
The Senate Committee on Privatisation has expressed delight over the impressive performance of Intels Nigeria Limited and urged its owners to take the company to the...
Banks in the country have been ordered by the Central Bank of Nigeria (CBN) to start destroying Automated Teller Machine (ATMs) cards trapped in their ATM...
Dr. Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), has linked banks to money laundering and other related crimes and accused them of...
Ministry of Communication Technology (FMCT) has perfected plans to unlock the Nigeria Postal Service (NIPOST) in order to create 300,000 agents who will drive financial...
The Central Bank of Nigeria (CBN) says Nigeria has more than 100 million mobile phone users that can support cashless policy. Aaron Yaduma, Head of CBN’s...