The Nigeria Labour Congress (NLC) through its president Ayuba Wabba has urged the Central Bank of Nigeria (CBN) to suspend its recent cash withdrawal policy noting that it poses so many implications to the majority of the citizens. The union…
The Central Bank of Nigeria has debited the sum of N838.32 billion from 15 banks for not meeting the minimum cash reserve ratio (CRR). The CRR is the percentage of customers’ deposits that must be kept with the central bank.…
Clickatell, a cpaas innovator and chat commerce leader that enables businesses to connect with their customers, has partnered with the central bank of Nigeria (CBN), to offer fast, simple and cost-effective eNaira banking services to Nigerians using the USSD code.…
The President Buhari administration has been described as incompetent, as the nation’s currency, the Naira, is currently a mess, among several other problems. According to Hanke’s Currency watchlist, compiled by Steve Hanke and John Hopkins University, it revealed the Naira…
Nigerian and African-focused fintech company, Flutterwave has been granted a switching and processing license by the Central Bank Of Nigeria, which is regarded as CBN’s most valuable payments processing license. Recall that the CBN last two years, in line with…