Commodity Futures Trading Commission (CFTC) has sued the world’s biggest cryptocurrency exchange, Binance, for operating an “illegal” exchange and a “sham” compliance program. CFTC sued the firm for cultivating US business while failing to properly register with authorities according to reports. Binance said “This filing is unexpected and disappointing, as […]
FinTech
The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations and further directed all commercial banks to open for operation on Saturdays and Sundays. […]
In a Bid to prevent the panic affecting the banking sector since the recent week’s crash of Silicon Valley Bank (SVB), US regulators shut down New York-based Signature Bank. However, the attention of the Signature Bank Limited, a Nigerian financial institution, has been drawn to recent news surrounding the closure […]
The Managing Editor & Publisher, The Ojo-Yoshida Report, Mr Bolaji Ojo at the Technology Times Digital Transformation Thought Leadership Series advises the Central Bank of Nigeria (CBN) to implement adequate national technology backbone and other fundamental measures to alleviate the adverse impact of the Naira redesign policy on Nigerians, […]
The World Bank in conjunction with the National Steering Committee of the Agro- Climatic Resilience in Semi-Arid Landscapes (ACRESAL) on behalf of the Federal Government of Nigeria has approved the appointment of Mr Abdulhamid Umar as ACRESAL National Project Coordinator with effect from February, 2023. In a press statement […]
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC emerges as the top bank in the retail and corporate banking in Nigeria according to the KPMG 2022 Nigeria Banking Industry Customer Experience (CX) Survey with a 73.8 CX score out of 100 in the retail segment while holding […]
VULTe, a digital bank of Polaris, emerges as Nigeria’s best digital bank at an awards presentation ceremony in Lagos namely BusinessDAY’s Banks and Other Financial Institutions (BAFI) Awards and The Nigerian Fintech Awards 2022. BusinessDAY comprises Nigeria and Africa’s leading and most respected business media group while the Nigerian Fintech […]
Africa Tech Alliance Forum (AfriTECH 2.0) set to hold in Lagos, Nigeria, on 09 November 2022 is gaining more traction amongst top players and organisations in the Nigerian information technology space. Some of the organisations to have confirmed participation are the Zoho Corporation, Digital Encode, Galaxy Backbone Limited, ESET, Layer3Cloud; […]
By Oluwatoni Falade Adequate parenting in this age of technology is a big question in the minds of a lot of parents and guardians. As a parent, I am beginning to understand how daunting it can be to keep up with the digital lifestyle of our children. From age 1, […]
The Minister of Finance, Budget and National Planning, Zainab Ahmad says she is not aware that the Central Bank of Nigeria is planning to replace its naira currency to reduce excess cash, inflation, and crime. The Minister who commented on the policy in response to a question raised by Senator […]