Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts
Monday, April 3, 2023

Video - Cash crunch spurs digital payment system in Nigeria

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The Central Bank of Nigeria's demonetization exercise has been criticized for many things – but it did spur an aggressive surge in the...
Monday, March 27, 2023

Banknotes Dispensed in Nigeria to Reduce Three-Month Cash Crunch

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Nigeria’s central bank increased the supply of banknotes to lenders to end shortages that have hampered individual and business transactions...
Friday, February 24, 2023

16 States in Nigeria sue central bank over withdrawal of old banknotes

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16 states in Nigeria asked the Supreme Court to force the central bank to extend by six months the use of old banknotes, whose withdrawal ...
Tuesday, February 14, 2023

Anger and chaos outside banks in Nigeria

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People in Nigeria have taken to sleeping outside banks. They want to be among the first in line to get notes from the cash machine once it i...
Wednesday, June 15, 2022

JPMorgan wins London oil trial in which Nigeria sought $1.7 bln

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JPMorgan Chase (JPM.N) has won a London High Court battle against Nigeria, which was seeking $1.7 billion in damages over the U.S. bank...
Wednesday, May 19, 2021

Nigeria is quietly rewriting fintech’s rulebook

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It all started with a tweet on New Year’s Day, 2016. Joshua Chibueze, a computer scientist and entrepreneur based in Lagos, Nigeria, floated...
Friday, April 30, 2021

Nigeria's central bank sacks entire board of First Bank of Nigeria

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Nigeria's central bank on Thursday sacked the entire board of First Bank of Nigeria and appointed new directors, the regulator said in a...
Monday, November 26, 2018

The re-inventors of banking in Nigeria

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Key contributors to the growth of the Nigerian economy, they have redefined banking by leveraging technology and connecting people to mark...