Nigerians Can Now Use Naira Debit Cards For International Transaction After 3-Year Ban
After nearly three years of restrictions, Nigerians can now use their naira denominated debit cards for international transactions. The move, ...
Tag: CBN
CBN cautions commercial banks against international transactions with Cameroon, Vietnam, others
The Central Bank of Nigeria (CBN) has issued an official warning to Deposit Money Banks (DMBs) and Other Financial Institutions ...
CBN launches national card scheme, AfriGo to boost financial inclusion
The Central Bank of Nigeria (CBN), in a partnership with the Nigeria Inter-Bank Settlement Systems (NIBSS), have unveiled the country's ...
Predictions for the Nigerian Tech Ecosystem for 2023
Nigeria has a vibrant technology sector and is home to a number of successful tech companies. The sector includes a ...
CBN to redesign and circulate new naira notes by December 2022
The Central Bank of Nigeria (CBN) has announced that it will carry out a redesign on the ₦200, ₦500, and ...
Technology and the Financial Sector: How Technology Can Solve the Major Challenge in the Financial Sector of Nigeria
Technology can help solve the major problem in the financial services sector of the country. Technology and its role in ...
Nigerian Government and Binance in Talks about First Crypto-friendly Economic Zone in West Africa
The Nigerian government and Binance are in early talks about a proposed partnership that will birth a crypto-friendly digital city. ...
ECB Intervenes as Banks Get More Interested in Crypto-Assets
The European Central Bank (ECB) announced on August 17, 2022, its plan to provide a harmonised regulatory framework. The new ...
CBN to introduce USSD to improve eNaira
The Central Bank of Nigeria has announced that it is set to release its own USSD code with the aim ...
Central Bank of Nigeria set to launch an upgrade on eNaira
The Central Bank of Nigeria (CBN) has announced an upgrade to its digital currency eNaira which will allow the currency ...