Tag: CBN

Flutterwave launches CBN-backed swap to ease FX availability for Nigerians

In collaboration with Wema Bank and Kadavra BDC, Flutterwave, the African's top provider of payment system, has announced…

CBN to rename I&E Market to NFEM

The official foreign exchange market, also known as the Investors and Exporters (I&E) window, would soon be recognized…

CBN looks into the dispute between Telcos, and Nigerian Banks over N120bn debt

Recall that it was earlier reported here on USAfricaonline.com the dispute between the USSD service provider (Telcos) and…

Wema Bank gets a new Managing Director – Moruf Oseni

With effect from April 1, 2023, Moruf Oseni will serve as the managing director and CEO of Wema…

Nigeria’s hardships, security problems feed 2023 Election Disinformation  

With some 39 million Nigerian social media users, these claims spread like wildfire around Facebook, WhatsApp and TikTok…

Central Bank of Nigeria (CBN) debunks claims that NSPMC lacks the capacity to print more naira notes

The Central Bank of Nigeria (CBN) has refuted an allegation that the Nigerian Security Printing and Minting Company…

Supreme Court temporarily stops ban on old naira notes

Supreme Court of Nigeria has temporarily stopped any plans to ban the use of the old naira notes…

Central Bank of Nigeria (CBN) invites interested innovators to its regulatory sandbox.

The Central Bank of Nigeria (CBN) is calling financial system participants to submit expressions of interest to take…

Nigerians react over the new naira look

The new naira notes President Muhammadu Buhari revealed earlier today have drawn criticism from Nigerians for their appearance.…

President Buhari unveils newly redesigned naira notes

The newly redesigned naira notes were unveiled by President Muhammadu Buhari today, Wednesday, November 23, 2022, at the…

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