Tagged in: Central Bank of Nigeria


Banks take on fintech for the youth market

Traditional banks have launched a spirited and highly innovative fightback against fintech payments service platforms that have been eating into their market share.

CBN’s Emefiele cracks the whip

Over the last six months, Central Bank of Nigeria governor Godwin Emefiele has not minced his words when putting commercial banks on notice, warning them of the dangers of violating foreign exchange (forex) rules.…

What is behind Africa’s crypto-phobia?

As the use of cryptocurrencies gains momentum, African central banks, gripped by crypto-phobia, are pressing panic buttons, with some taking the easy way out by banning the use and trading in cryptocurrencies in their territories.