Tag: Financial Institutions
Mobile money accounts grew to 1.2bn in 2020 -GSMA
In 2020, the number of registered mobile money accounts grew by 12.7 per cent globally to 1.21 billion, according to the latest report from...
What’s the big deal about cryptocurrency?
Obadiah Mailafia
A new Central Bank of Nigeria directive, dated February 5, 2021, has ordered all deposit money banks, non-bank financial institutions and other financial...
UBA wins double honours at BusinessDay’s BAFI Awards
United Bank for Africa (UBA) Plc walked away with Bank of the Year and the International Bank of the Year laurels at the Bank...
FG apologises for FIRS’s new directive to account holders in financial...
The federal government on Friday apologised to Nigerians over a directive by the Federal Inland Revenue Service (FIRS) to account holders in financial institutions...
Thirteen Nigerians arrested for alleged $30m cyber fraud in US
The Federal Bureau of Investigation (FBI) has arrested thirteen Nigerians, over alleged $30 million money laundering scheme in the United States.
The US department...
June I takeoff of direct transfer of LG funds sacrosanct –...
Ime Akpan
The Nigerian Financial Intelligence Unit (NFIU) has said that
it would not go back on the June 1, 2019 takeoff time of paying...
TraderMoni beneficiaries hit 1.8m –BoI
The managing director of the Bank of Industry (BoI), Mr.
Olukayode Pitan has said that about 1.8 million Nigerians have so far benefitted
from the TraderMoni...
KariGO Logistics Ltd collaborates with Perfection Motors to ease purchase of...
Ime Akpan
An indigenous technology-driven logistics company, KariGO Logistics Limited, has signed a partnership agreement with Perfection Motors Company (PMC) Limited to ease the purchase...
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