Banking E-Payment Tech & Solutions Economy News Extra Foreign Exchange (Forex) Investments/Capital Market Latest News Technology

Nigeria’s Payment System Attracted $500m Investment In 6 Years – CBN

The Central Bank of Nigeria (CBN) on Wednesday disclosed the country’s payment system attracted about $500 million worth of investments between 2015 and 2020. The apex bank Governor, Godwin Emefiele, gave this hint in his address on the theme, ‘Trends in Nigeria payments system: Regulating the Fintech Digital Playing Field’, at the ongoing CBN’s 31st […]

Banking Economy News Extra Foreign Exchange (Forex) Latest News

CBN Links Naira Depreciation To COVID-19 Pandemic

The Central Bank of Nigeria (CBN) has linked the recent depreciation in the value of the naira to the effects of the COVID-19 pandemic on the nation’s economy. The apex bank’s Deputy Governor, Corporate Services Department, Mr. Edward Adamu, was reported by the News Agency of Nigeria (NAN) as making the disclosure during an interactive […]