Abeg Technologies granted mobile money operator license by Central Bank of Nigeria
NIGERIA – The Central Bank of Nigeria (CBN) has granted an Approval In Principle (AIP) to...
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Tag: central bank of nigeria
AppZone acquires switching license from the Central Bank of Nigeria
NIGERIA – Appzone, a sub-Saharan African payment infrastructure company, has been granted...
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Nigeria unveils digital currency after banning cryptos
NIGERIA – The Central Bank of Nigeria joined a growing list of emerging markets betting on...
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Nigerian Digital Bank Sparkle closes US$3.1m Seed Round
NIGERIA – Sparkle, a mobile-first digital bank that provides financial, lifestyle and...
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Central Bank of Nigeria partners fintech Bitt Inc to launch its own digital currency
NIGERIA – The Central Bank of Nigeria (CBN) has announced that it will partner with Bitt...
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Insurtech startup Pula raises US$6m Series A funding round led by TLcom Capital
KENYA – Pula, an insurtech service that works to re-risk African smallholder farmers, has raised a...
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Nigeria’s Central Bank issues new forex exchange directives to tame abuse by dealers
NIGERIA – The Central Bank of Nigeria has issued new directives aimed at eliminating foreign...
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May & Baker receives US$2.5m loan from Nigeria’s Central Bank to support business operations
NIGERIA – May & Baker, one of Nigeria’s leading pharmaceutical companies, has received a...
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Nigeria’s central bank launches healthcare scheme to boost local manufacturing of drugs
NIGERIA – The Central Bank of Nigeria (CBN) has unveiled a grant Scheme to help strengthen...
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Nigeria’s Edo state partners with CBN, farmers to revive non-performing oil palm belt
NIGERIA – The Edo State Government has partnered with the Central Bank of Nigeria and...
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Nigeria Government to buy locally produced gold to protect artisans from exploitation
NIGERIA – The Federal Government has begun the process of buying up gold produced by...
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Central Bank of Nigeria cautions against rising debt, urges government to focus on revenue diversification
NIGERIA – The Monetary Policy Committee of the Central Bank of Nigeria, the highest policy...
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