The Central Bank of Nigeria wants banks' Automatic Teller Machines (ATMs) to start disbursing loans to Nigerians soon.
A statement by Opay, Kuda, PalmPay and shared via their social media handles have debunked the rumour, saying there is no such thing.
The Supreme Court of Nigeria has berated President Muhammadu Buhari for not obeying its order of injunction halting the old naira policy.
Supreme Court has reversed CBN's Naira Policy, ruling that the old N500 and N1000 notes remain legal tender.
OpenAI’s chatbot, ChatGPT has predicted who wins Nigeria Election, among Peter Obi, Atiku, Kwankwaso and Tinubu. It has given hint on who will win Nigeria’s presidential...
People are asking: Did CBN say it would shut down all bank transactions from today, Thursday, 23rd of February, 2023 to Sunday, 27th of February, 2023?...
The Supreme Court of Nigeria has again adjourned the old naira case between governors of some states in Nigeria and the Federal government till after election....
The Central Bank of Nigeria (CBN) has denied asking commercial banks to start collecting old N500 and N1,000 Naira notes from the public.
The Central Bank of Nigeria (CBN) has asked commercial banks to start collecting old N500 and N1,000 Naira notes from the public.
President Muhammadu Buhari has directed the Central Bank of Nigeria to return the old N200 bank note back into circulation.
The Supreme Court of Nigeria has maintained that the old naira continues to be legal tender in the country. By this, Nigerians can continue to use...
Naira scarcity: Following the Central Bank Of Nigeria (CBN) insistence that old naira notes ceases to be legal tender, angry youths have started massive protests nationwide....
Despite Supreme Court's order, the Central Bank of Nigeria (CBN) has maintained that old naira notes of N200, N500 and N1,000 are no longer legal tender...
The Council of State has asked the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele to print more new naira notes or re-circulate old notes.
Many Lagos residents still using old Naira notes may definitely lose their funds after Friday which marks the deadline by the CBN for Nigerians to exchange...
Today, we’re talking about the Central Bank of Nigeria’s (CBN) most recent redesign of the Naira and how it affects the nation’s digital start-ups. In this...
Have you seen the CBN payment card AfriGo, that could replace Mastercard, Visa, and other payment cards? Checkout the details.
Some Automated Teller Machines (ATMs) are still dispensing old Naira notes to Nigerians despite the directives by the CBN that old notes would be phased out...
How Nigeria and Africa in general got hit by the bullet of the collapse of cryptocurrency exchange, FTX is becoming even clearer. This is because, African...
Kuda is no longer bank of the free! This is because it has started charging N50 naira for every deposit of N10,000 and above that all...
In the technology ecosystem, there has been a series of updates coming for technological platforms operating in Nigeria. With more startups and tech businesses entering the...
With ASUU still on strike, Nigerians have spent $221m, about 92 billion Naira on foreign education in just three months. This is according to a recent...
The Central Bank of Nigeria, CBN, on Tuesday, raised the interest rate from 11.5% to 13%. This makes it the first increase in two years. However,...
Cryptocurrencies finally see hope in Nigeria as the Securities and Exchange Commission (SEC) has issued a new guideline recognising digital assets. By this new guidelines, cryptocurrencies...
The Central Bank of Nigeria, CBN, has fined Access Bank, UBA and Stanbic Bank N800 million for assisting crypto transactions. CBN fined the banks individually for...
….Others stop naira card withdrawals abroad Nigerian banks have again cut down dollar spending limits, just like they did in previous years. The banks reduced...
eNaira, the Nigerian Central Bank’s (CBN) Digital Currency, has recorded 694,000 downloads in just 95 days since it launched. A breakdown of this data shows that...
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges and inter-bank transfer fees, throwing smiles on Nigerian faces. CBN announced the reduction in charges...
…CBN’s Crackdown on cryptocurrency legal or illegal? …CBN Punishing Cryptocurrency Traders For Non-Existent Offense …Singer, Davido Launches own cryptocurrency token, ECHOKE …Does the CBN have the...
The Central Bank of Nigeria, CBN has engaged payment service Providers and fintech companies for a wider adoption of the eNaira. The regulator also said that...
The International Monetary Fund (IMF) has listed the gains as well as the risks it said that faces the eNaira. The Central Bank of Nigeria, a...
eNaira transactions reached N46.3 million naira in less than two weeks after it launched. The Central Bank of Nigeria (CBN) disclosed this about Africa’s first digital...
“eNaira is not cryptocurrency. In fact, eNaira is merely another form of the Nigerian Naira, a digital version,” Obi said. This was part of the argument...
Nigeria president, Muhammadu Buhari has launched Nigeria’s first digital currency, the eNaira. President Buhari launched the digital currency on Monday at the State House in Abuja....
The Central Bank of Nigeria, CBN, has said that Nigeria will unveil its digital currency, eNaira on Monday. With the theme, ‘Same Naira, more possibilities,’ the...
Billionaire investor, Femi Otedola has likely bought majority shares of First Bank Nigeria (FBN) Holding Company. Reports indicate that the founder and chairman of the Geregu...
A Federal High Court has cleared the way for CBN to proceed with the launch of eNaira, Nigeria’s Digital Currency. This is coming on the heels...
The website of Nigeria’s CBN’s digital currency, eNaira has gone live one week to its official launch date. The eNaira website recorded over a million hits...
The Central Bank of Nigeria (CBN) has declared Oniwinde Adedotun, the founder of Fintech company, AbokiFX wanted over economic sabotage. The CBN governor, Godwin Emefiele said...
Central Bank of Nigeria, CBN, has issued a new guidelines detailing how Nigeria’s digital currency called the e-Naira will work. The CBN issued the guidelines to...
Nigerian Fintech firms, Risevest, Bamboo, Chaka, CTL and Trove risk losing customers as CBN moves to freeze their accounts. The fintech platforms make access to stocks,...
Nigeria’s Central Bank, CBN, has said that it would launch its digital currency in three months’ time. In a Webinar session yesterday, the bank revealed to...
The Central Bank of Nigeria (CBN) and the National Communication Commission (NCC) jointly announced a review of the current charges for USSD services. According to the...
Minister of Communications and Digital Economy, Dr Isa Pantami will on Monday, March 15, meet with other stakeholders to resolve the impending suspension of the USSD...
It’s almost a week since the Central Bank of Nigeria (CBN) rolled out a directive that asked local banks to give out N5 for every dollar...
In a new directive, the Central Bank of Nigeria (CBN) has instructed Deposit Money Banks (DMB) and other financial institutions to close accounts used in trading...
Are you aware that the Central Bank of Nigeria (CBN) will now charge you for failed direct debit transactions? The new policy, contained in CBN’s updated...
Nigerian telecom network provider, 9mobile, recently got approval from the Apex bank to commence fintech operations. In a strategic launch, 9mobile’s 9PSB (Payment Service Bank) debuted...
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