By Dr. Falade Muritala Adesola The telecoms sector in Nigeria is viewed by some as a model of regulatory excellence. Other African countries often visit Nigeria...
Central Bank of Nigeria (CBN) has awarded the country’s second Payment Terminal Service Aggregator (PTSA) license to Unified Payments, Nigeria’s premier financial technology company, following a...
Central Bank of Nigeria (CBN) has been forced to deny a report saying it issued a directive requiring all banks and financial institutions to identify individuals...
Federal government of Nigeria has announced its qualification for a loan from the World Bank, totaling $2.25 billion. Wale Edun, finance minister, unveiled this milestone during...
Yemi Cardoso, governor, Central Bank of Nigeria (CBN) has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will...
Central Bank of Nigeria (CBN) has issued a new directive to all Deposit Money Banks (DMBs) introducing a reduction in the loan-to-deposit ratio (LDR) to 50...
United Bank for Africa (UBA) has said that it will seek shareholders’ approval at the company’s 62nd annual general meeting (AGM) to raise capital. The AGM...
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services. NIMC made...
An Ikeja Special Offences Court presided over by Justice Rahman Oshodi has granted Godwin Emefiele, former Central Bank of Nigeria (CBN) Governor N50m bail. This is...
Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a circular dated April 8, 2024...
