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The Government of Saudi Arabia has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to sustain the government’s foreign...
The Central Bank of Nigeria (CBN) has removed the exchange rate of N379/$1 from its website homepage conforming with the bank’s policy that the NAFEX rate...
Major cryptocurrency companies with massive user base in Nigeria have announced the suspension of naira deposits following the Central Bank of Nigeria’s directive to financial institutions...
The Finance Act 2020 recently signed into law by President Muhammadu Buhari, imposes N50 levy on electronic transfer of money deposited in any bank or financial...
The Central Bank of Nigeria has fixed N2 billion as minimum capital base for Mobile Money Operators (MMOs) in the country. This was disclosed in a...