Nigerian banking industry safe, strong – NDIC boss
Despite the confidence crisis rocking the global financial system in recent times, the Nigerian Deposit Insurance Corporation (NDIC) yesterday, reassured…
Nigeria’s per capita income at same level as 40 years ago – World Bank
Shubham Chaudhuri, World Bank’s country director for Nigeria, says the country’s per capita income is at the same level as…
Transactions on eNaira platform free for first 90 days, says CBN
The Central Bank of Nigeria (CBN) says transactions on the eNaira platform will be free for the first 90 days,…
FG’s focus on diversified foreign exchange sources is to address FX challenges, says Minister of Trade
The Minister of Industry, Trade and Investment, Niyi Adebayo says the Federal Government was focusing on diversified foreign exchange revenue…
Buhari Officially Launches Digital Currency eNaira
President Muhammadu Buhari has unveiled the digital currency on Monday at the State House in Abuja, the nation’s capital. Vice…
MFS Africa Acquires Baxi Nigeria to Expand Fintech Footprint
Verdant Capital has been named as the adviser of Nigeria based Baxi on its acquisition by MFS Africa which is…
CBN’s eNaira takes off with N500m mints
The Central Bank Digital Currency (CBDC) eNaira has taken off with over N500m of the currency minted so far. The…
CBN introduces eNaira app, merchant wallet
The Central Bank of Nigeria (CBN) finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was…
CBN issues Tertiary Institutions Entrepreneurship Scheme guidelines
The Central Bank of Nigeria (CBN) has issued the guidelines for the implementation of the Tertiary Institutions Entrepreneurship Scheme (TIES).…
FIRS proposes road infrastructure tax
The Federal Inland Revenue Service (FIRS), says it is proposing the introduction of Road Infrastructure Tax in Nigeria, to make…