Nigerian economy to grow by 3% in 2021: Central Bank governor
This announcement comes after lockdown measures were eased and vaccination was increased, leading to a boost in travel and tourism...
Tag : Central Bank of Nigeria
Nigerian digital bank Kuda secures $25 mn Series A funding
The funding round was led by New York-based venture capital firm Valar Ventures...
Nigeria to resume forex sales to the Bureaux de Change operators
The central bank has injected $51.8 million into the foreign exchange market...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
CBN to strictly regulate Nigeria’s fintech sector
The central bank is also identifying illegal fintech companies and bringing them under regulatory control...
CBN objects MTN Nigeria’s USSD transactions charge
MTN is expected to start charging its customers on the directive of bankers committee...
Nigerian startup Kuda raises $1.6 mn in pre-seed funding
The proceeds from the funding might be used for it to transition from beta to live launch of its online mobile finance platform...
Nigeria enters mobile banking era with MTN’s payments licence
The Central Bank of Nigeria has granted a licence to a subsidiary of MTN Nigeria to provide financial services...