The Unstructured Supplementary Service Data (USSD) platform is experiencing an extensive crisis, and although talks between the banks and telecommunications operators are ongoing at the regulatory...
All Progressive Congress (APC), Nigeria’s ruling party is divided over efforts to replace high-denomination banknotes, as many members who face elections in a week distance themselves...
Central Bank of Nigeria (CBN) has dismissed report on planned replacement of Naira notes with the country’s digital currency, eNaira. Reports emerged at the weekend that...
Central Bank of Nigeria (CBN) has barred Credit Guarantee Companies (CGCs) from accepting deposits among other things. The apex bank disclosed this Tuesday in its guidelines...
House of Representatives has urged the Central Bank of Nigeria (CBN) to, “in the public interest,” introduce stringent regulations and guidelines, including sanctions, on the Point...
Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has assured investors interested in repatriating their funds from Nigeria that they can do so safely. Emefiele, who...