Central Bank Says e-Naira Will Strengthen Banking System
The Central Bank of Nigeria has said e-Naira will strengthen the banking system in the country. The apex bank noted…
Bitcoin Becomes Legal Tender In El Salvador
The government of El Salvador on Tuesday, September 7, 2021 declared Bitcoin a legal tender in El Salvador, the first…
How 10 Banks Raked in N266bn From Account Maintenance, e-Banking Fees
Ten Nigerian banks made N265.96bn from account maintenance and electronic banking fees in 2020.This is as shown by analysing data…
FG Cautioned Over Planned $3 Billion Eurobond Investors Roadshow
Experts have called for caution following the planned international roadshow by a delegation led by Minister of Finance, Budget and…
South African Bank Absa Search for Digital Partners Across Africa
One of Africa’ largest financial powerhouse, Absa Group is strengthening efforts to grow its digital partnerships ecosystem across the continent…
Nigerian Company Launches Crypto Investment Robo-Advisor
Nigerian startup ComiBlock has launched a goal-based investing crypto robo-advisor, giving anyone with a smartphone access to planning tools, advice,…
Naira Slums to Record Low at Black Market as Dollar Supply Drops by 62%
The naira has recorded a huge slump against the dollar at the parallel market closing at N527/$1 on Tuesday 31th…
CBN announces new appointments, confirms Nwanisobi as Corporate Communications Director
The Central Bank of Nigeria (CBN) has confirmed the appointment of Mr. Osita Nwanisobi as the Director, Corporate Communications Department,…
Minister of Industry affirms renewed investor confidence in Nigeria’s economy
Minister of Industry, Trade and Investment, Adeniyi Adebayo, yesterday, affirmed the resilience of Nigeria’s economy, noting that business owners are…
CBN directs banks to publish names, BVN of Forex defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the…