The Central Bank of Nigeria (CBN) has authorized foreign banks to work with their parent companies for the purpose of syndicating foreign currency-denominated loans (dollar loans) with the aim at improving dollar liquidity through foreign banks’ representatives in Nigeria. The Director of the Financial Policy and Regulation Department, Muhammad […]

Nigeria’s Postmaster General Dr Ismail Adebayo Adewusi, has signed a partnership agreement with operators of eGate and Visa to facilitate digital financial services, issuing of payment cards and support financial inclusion across Nigeria. The initiative targets about 38 million adult Nigerians who are completely financially excluded. Adewusi who revealed this […]

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