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The licences of seven payment services providers has been revoked by the Central Bank of Nigeria. The CBN on Thursday revealed this on a report titled ‘Revocation of operating licences of some payment service providers’. The affected firms includes Easifuel Limited, Transaction Processing System, Grand Towers Limited, Paymaster Limited, E-Revenue […]
The Central Bank of Nigeria (CBN) has ordered bureau de change operators in the country not to sell dollars higher than N392 to end users. In a circular signed by director of trade and exchange at the CBN O.S. Nnaji dated November 30, 2020, the apex bank said the volume […]
Key lending rates has been retained at 11.5% by the Monetary Policy Committee The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Tuesday in an announcement said the decision is part of efforts to boost the economy towards a sustainable recovery from the recession. “Members voted in line […]
