According to data released by the Central Bank of Nigeria (CBN), Nigeria spent a substantial $1.12…
Category: Business
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Bankrupt Crypto Exchange, FTX To Repay Creditors Full $11bn
Bankrupt crypto exchange, FTX has announced its plans to distribute between $14.5 billion and $16.3 billion…
AFN President Speaks On Why OPay, Moniepoint Others Are Facing Regulatory Issues From FG
President of the Africa Fintech Network (AFN), Dr. Segun Aina, has attributed some of the regulatory challenges…
CBN Issues July 7 Deadline To PoS Operators For Registration
The Central Bank Of Nigeria (CBN) has issued a two-month deadline for Point of Sales (PoS)…
CBN Introduces New Cybersecurity Levy On Electronic Transactions
The Central Bank of Nigeria (CBN) has issued a new directive to all financial institutions, including…
$57 Billion Crypto Enterprises Face Tough Regulations In FG’s Operation To Salvage Naira
In light of a pivotal meeting scheduled for Monday between the Securities and Exchange Commission and…
MTN Disconnects 8.6 Million Lines Over NIN-SIM Linkage
MTN Nigeria said it had eliminated at least 8.6 million lines from its network in compliance…
Uber Introduces Daily Earnings Access And New Features For Drivers In Nigeria
Uber has announced significant changes to its payment and operational features for drivers in Nigeria. These…
Govt Palliative Worsening Food Inflation – Cardoso Reveals
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has identified the government’s bulk…
Hardship: Nigerians Will Spend At Least ₦982 Naira Each To Eat An Healthy Meal – NBS Reveals
A new report from the National Bureau of Statistics (NBS) has highlighted a significant rise in…