The launch of the Foreign Exchange Code introduces stringent guidelines aimed at regulating forex transactions and promoting ethical behavior among dealers.
0 items
-
$0.00
0
The new limits are expected to push individuals and businesses to adopt digital payment channels such as mobile money and online banking
USSD has become a backbone of financial inclusion in Nigeria, especially for rural and underserved populations without access to smartphones or internet connectivity.
The Central Bank of Nigeria (CBN) has announced the upcoming implementation of an electronic foreign exchange (FX) matching system for transactions in the Nigerian market, set to commence on December 1, 2024.
The Central Bank of Nigeria (CBN) has announced a significant reduction in the cybersecurity levy on electronic transactions, lowering it from 0.5% to 0.005%, as part of its new fiscal guidelines for 2024-2025. This reduction follows widespread opposition from various groups, including the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and numerous bank customers,…
CBN) has announced an upcoming auction of N166.1 billion in Nigerian Treasury Bills (NT-Bills) scheduled for Thursday.
The new regulations from the CBN aim to strengthen Nigeria’s fintech sector by improving compliance and corporate governance.
CBN has mandated Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay all diaspora remittances in Naira.
NIBSS released a list of Fintech companies lacking licenses to receive direct customer deposits from commercial banks.
