Author Archives: Paul Fakayejo

CBN removes N379/$1 exchange rate from website

The Central Bank of Nigeria (CBN) has removed the exchange rate of N379/$1 from its website homepage conforming with the bank’s policy that…
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CBN Bans Fintech Companies From Providing BVN Validation Services For Customers

The Central Bank of Nigeria has reportedly banned fintech companies and other non-bank financial institutions in Nigeria from providing the Bank Verification Number…
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Nigeria's Ngozi Okonjo-Iweala appointed WTO director-general

Nigeria’s Ngozi Okonjo-Iweala appointed WTO director-general

Some days ago, History was made in Africa especially in Nigeria as Ngozi Okonjo-Iweala was appointed the world trade organization’s seventh Director-General. On…
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BREAKING: CBN bans Nigerians from buying, selling bitcoin, other cryptos

Central Bank of Nigeria has ordered banks and other financial institutions to close customer accounts used in trading cryptocurrencies and other related transactions. In…
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