Nigeria banks battle electronic payments surge
Central Bank of Nigeria from OKORO CHINEDU in Lagos, Nigeria LAGOS – THE Central Bank of Nigeria’s (CBN’s) naira re-design policy has brought mixed fortunes to the e-payments sector in Africa’s More...
MTN gets Nigeria approval for mobile money bank
Central Bank of Nigeria from EMEKA OKONKWO in Abuja, Nigeria ABUJA – NIGERIAN authorities have approved the MTN Group’s application to operate MoMo Payment Service Bank Limited (MoMo PSB). MoMO is the acronym More...
Tough year for Central Bank of Nigeria draws to a close
Central Bank of Nigeria LAGOS – THE Central Bank of Nigeria’s Monetary Policy (MPC) on Tuesday brings to a close a tumultuous year for the policy makers. The next MPC meeting is scheduled for January 2017. The More...
CBN transfers workers amid threats by colleagues
Central Bank of Nigeria LAGOS – SOME Central Bank of Nigeria (CBN) executives whose prosecution the Economic and Financial Crimes Commission (EFCC) is seeking for N8 billion mutilated currency recycling More...
CBN likely to alter rates after poll
Central Bank of Nigeria LAGOS – ANALYSTS projected the Central Bank of Nigeria (CBN) to devalue the local currency only after the upcoming general elections. The bank’s Monetary Policy Committee met More...