The Central Bank of Nigeria (CBN) has directed commercial banks to collect old N500 and N1000 notes from their customers who have enrolled and generated reference...
Nigerian President Muhammadu Buhari has granted a 60-day extension for the use of old N200 notes. The President made the announcement in a nationwide speech on...
The CBN has urged Nigerians to take advantage of this opportunity to deposit their old notes and obtain new ones.
As scarcity of naira notes worsens across the country following the cash redesign and swap policies of the Central Bank of Nigeria (CBN), governors of the...
As more money has been deposited into the vaults of the nation’s commercial banks by Nigerians in obedience to the directive of the Central Bank of...
One of the challenges confronting the cashless policy of the Federal Government is the dearth of software engineers at the money deposit institutions to fix complaints...
The National Security Adviser has said that the recent policies introduced by the Central Bank of Nigeria (CBN) will make it difficult to pay officers on...
Amid the growing interest in Artificial Intelligence, Tron Blockchain has announced a grant of $100 million to teams utilising artificial intelligence (AI) within their blockchain applications. ...
Despite the uncertainty surrounding the scarcity of the Nigerian Naira, the Nigeria Deposit Insurance Corporation (NDIC) has assured the Central Bank of Nigeria (CBN) that depositors...
Other alternative transaction methods Nigerians have been adopting included USSD, internet banking, mobile app banking, Point of Sales (POS), e-wallet among other electronic channels of transactions.
