E-Financial
Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators in the country. The CBN’s Acting Director of...
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E-Financial
Nigeria Revenue Service (NRS) Act has introduced strict penalties for the unauthorised disclosure of confidential information and documents by its staff, with offenders facing...
E-Financial
Nigeria’s Value Added Tax (VAT) revenue surged to ₦6.72 trillion in 2024, marking an 84.6% increase from ₦3.64 trillion in 2023, according to the...
E-Financial
National Agency for Food and Drug Administration and Control (NAFDAC) has announced the recall of Amoxivue (Amoxicillin) 500mg capsules following laboratory tests that revealed...
Tech
Meta Platforms has frozen hiring in its artificial intelligence division following months of aggressive recruitment, according to sources familiar with the matter. The hiring...
News
World Entrepreneur Day, celebrated every 21 August, highlights the global impact of entrepreneurs. In Africa alone, there are over 245 million businesses, many of...
E-Financial
Katsina State Government via the State Governor, His Excellency, Dikko Radda, has aligned with The Alternative Bank’s mission to support rural economies through innovative...
E-Financial
Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less than 100 operational BDCs,...
E-Financial
Justice Mohammed Nasir Yunusa of the Federal High Court in Kano has convicted and sentenced two illegal Bureau-de-Change operators identified as Munkaila Sani and...
E-Financial
Central Bank of Nigeria (CBN) governor, Yemi Cardoso has stated that over $26 billion passed through the crypto app, Binance Nigeria in the last...
E-Financial
Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country....
E-Financial
Central Bank of Nigeria’s Monetary Policy Committee (MPC) has raised interest rate by 400 basis point from 18.5 percent to 22.5 percent. CBN governor...
E-Financial
OPay, Nigeria’s leading financial technology company headquartered in Lagos, has revolutionized customer service by prioritizing user satisfaction and implementing cutting-edge solutions to enhance customer...
E-Financial
Nigerian naira slid further at the parallel market late Tuesday in spite of the Federal Government ordering raids on Bureau De Change (BDC) operators...
E-Financial
Federal government has announced plans to raise up to $10 billion as part of immediate strategies to bring liquidity to the foreign exchange market...