Nigerian fintech entrepreneurs have slammed the Central Bank of Nigeria (CBN)’s decision to select Bitt Inc as its fintech partner. They insist that the choice
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Nigerian Central Bank: We Are Not Worried About the Naira’s Valuation
The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but
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Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido
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Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project
The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As
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Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the
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Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition,
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