Category Archives: News

CBN Bans the Importation of Maize

CBN Bans the Importation of Maize

The Central Bank of Nigeria (CBN) has directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into…
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Ecobank Transnational appoints Alain Nkontchou as new Chairman

Ecobank Transnational Incorporated (ETI) has announced the appointment of Alain Nkontchou as its new Chairman of the board of directors. Nkontchou, who is…
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Globasure_OPay-shuts-down-ORide-OCar-OExpress

OPay shutdown ORide, OCar and OExpress Business Units Due to COVID-19 pandemic

Opay yesterday, June 2nd, 2020, announced that it would be shutting down some of its business units (for now) to focus only on…
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FG Introduces Stamp Duty On House Rent Agreement, C Of O, Others

The Federal Inland Revenue Service (FIRS) has said that henceforth, stamp duty will be paid on house rent and Certificate of Occupancy (C…
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CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

The Central Bank of Nigeria (CBN) has announced the disbursement of over N49 billion out of N50 billion targeted facilities for households and…
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Central Bank of Nigeria cashless policy

The Central Bank of Nigeria (CBN) developed the cashless policy in 2012, which required a daily total limit of N500,000 and N3,000,000 on…
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Fidelity Bank releases new guidelines for reversal of failed electronic transactions

The Fidelity bank of Nigerian has released new guidelines for reversal of failed electronic transactions. In the statement sent across to their customers,…
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COVID-19 Increases The Adoption Of Online Payment

The COVID-19 pandemic has affected all the markets and industry sectors along with daily life globally, especially in Nigeria, the economic and human…
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Checkout The Reactions Of Nigerians Towards The 7.5% VAT Increase Affecting Phone Calls, SMS

Some days ago i was on the famous social media platform, Twitter and i noticed that some nigerians have just realised that they now…
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Globasure to Release Online Payment Solution For Jumia & Konga

This year is showing great promise for Globasure in regards to online payments. Globasure is currently working with the two biggest e-commerce companies…
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