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Jonathan NwokporWith immediate effect, the Central Bank of Nigeria, or CBN, has reversed its prohibition on accepting new clients that was imposed on five well-known fintech companies: Paga, OPay, Kuda, Palmpay,
Read MoreJonathan NwokporAccording to Olayemi Cardoso, governor of the Central Bank of Nigeria, an assistant pastor led the charge in establishing Islamic banks in Nigeria. Cardoso revealed this last weekend at an
Read MoreJonathan NwokporThe Central Bank of Nigeria (CBN) announced that Heritage Bank’s banking licence had been revoked. According to Mrs. Hakama Sidi Ali, Ag. Director of Corporate Communications, the revocation was carried
Read MoreJonathan NwokporIn the foreign currency market, the Naira saw its first significant depreciation versus the dollar 24 hours after President Bola Ahmed Tinubu’s first anniversary. The Naira lost value versus the
Read MoreJonathan NwokporTravellers has been reassured by Minister of Aviation Festus Keyamo that touts will be eliminated from Nigeria’s international airports. The Minister pointed out that the nation is greatly embarrassed in
Read MoreJonathan NwokporIn order to foster a favourable atmosphere and facilitate operations, the federal government has pledged to provide greater assistance to regional airline companies. During the ministerial news briefing on President
Read MoreJonathan NwokporTwo hundred employees of the Central Bank of Nigeria are said to have been let go due to financial difficulties. This was verified to ZINGTIE on Friday night by a
Read MoreJonathan NwokporAmid Naira’s growth, the official foreign exchange market’s supply of US dollars increased to 93%. According to FMDQ data, the volume of forex transactions jumped from $83.5 million on Friday
Read MoreJonathan NwokporThe Chartered Institute of Taxation of Nigeria has attributed Nigerians’ failure to pay taxes to a lack of trust in the government. CITN President Mr. Samuel Agbeluyi recently revealed this
Read MoreJonathan NwokporThe Central Bank of Nigeria (CBN) has directed all banks to halt the application of a 0.5% cybersecurity fee following an order from President Bola Ahmed Tinubu to suspend it.
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