In 18 Months, e-Naira Records N22bn Transactions, 13mn Wallets
In what may pass for a remarkable improvement and wider adoption of Nigeria’s digital currency, the value of transactions on eNaira hit N22 billion indicating a 68 per cent increase since the beginning of this year,...
UPDATE: Nigerian Banks are Resilient, will Survive SBV's Collapse - Emefiele
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has been speaking to the healthiness of Nigerian banks against the backdrop of the recent collapse of the Silicon Valley Bank (SVB).
Speaking to journalists after...
UPDATE: Why we Increased Interest Rate to 18 Percent - CBN
The Central Bank of Nigeria (CBN) on Tuesday increased Monetary Policy Rate (MPR) which measures interest rate by 50 basis points to 18 percent to rein in inflationary pressure.
This is one of the decisions...
BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigerian Banks Healthy
The Monetary policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased Monetary Policy Rate (MPR) which measures interest rate to 18 percent from the previous 17.5 percent adopted in January.
This...
BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigeria Banks Healthy
The Monetary policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased Monetary Policy Rate (MPR) which measures interest rate to 18 percent from the previous 17.5 percent adopted in January.
This...
Araba Tech Boss Receives 'PAN African Technology Icon Of the Year' Award
The Managing Director of Araba Technologies, Ambassador Segun H. Olugbile, has been awarded the 'Pan African Technology Icon of the Year' award by the Youth Partnership For Africa's Development, YOUPAD.
The award is part...
