eNaira: CBN, AFF to sponsor top 10 Startups of Hackathon Challenge
The Central Bank of Nigeria (CBN) and the Africa Fintech Foundry (AFF) are collaborating to promote 10 startups in order ...
Tag: CBN
CBN issues New Cybersecurity Guidelines to OFIs
The Central Bank of Nigeria (CBN) has published a new framework to assess cyber security in Other Financial Institutions (OFIs), ...
Foreign Group exposes reasons investors avoid Nigeria
According to foreign investors in Nigeria's financial system, contradictory rules and procedures, are preventing investors from entering the nation. They ...
World Bank laments Nigeria’s Inflation Rate
The Nigerian government's slow response to the inflation that is currently driving many Nigerians into poverty and food insecurity has ...
CBN gives Pocket App go-ahead on MMO operations
Abeg Technologies Limited, a division of Piggytech Global Limited, has been given approval in principle (AIP) by the Central Bank ...
MFBs, Others Contributed N2.79 trillion of Banking Industry Credit in 2021
Microfinance Banks(MfBs), Development Banks, merchant banks and mortgage banks (Other Financial Institutions - OFIs), in 2021 contributed N2.79 trillion representing ...
Central Bank of Nigeria to Launch Digital Currency Before December
The Central Bank of Nigeria (CBN) has disclosed plan to launch a digital currency before the end of this year. ...
CBN Licenses 10 More International Money Transfer Operators
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part ...
CBN increases target credit facility for households, MSMEs to N300 billion
The Central Bank of Nigeria (CBN) has set aside another increased the amount set aside for the Target Credit Facility ...
CBN Announces New Charges for USSD Services
The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services. The ...
