Category Archive

CBN puts banks e-payment administrators on notice

The Central Bank of Nigeria (CBN) has put banks, e-payment administrators, switches and other installment framework specialist organizations that disregard installment framework tenets and directions. The approvals will start on April 1, 2018. A circular from CBN Director, Banking and…

Nigeria’s external reserves reaches $40.4 Billion

As anticipated by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) in Lagos last November, the country’s External Reserves have hit another level of $40.4 Billion…

2018 Annual Letter to the Nonprofit Sector

Dear Nonprofit Leader, 2017 was an upsetting year for the sector. Our resilience was tested by the economic recession and our integrity and togetherness, challenged by the obnoxious House Bill 585. In all, we came out stronger and better. Though…

Governor el-Rufai appoints heads of agencies

Governor Nasir el-Rufai of Kaduna State has approved the appointment of new heads of three government agencies in the state, a statement by his media aide, Samuel Aruwan, has said. Among those appointed is Alhaji Sani Abbas as pioneer Chairman…