Mobile money customers are on the rise in the country as a new finding by New Telegraph newspapers shows that population of users have
Tag: CBN
Can Nigeria truly be cashless economy?
It is over a decade since Nigeria opted to go cashless but the cashless policy of the Central Bank of Nigeria (CBN) has not
Tax dispute: MTN pays $53m for out of court settlement in Nigeria
Nigerian authorities have revealed that telecom giant MTN Nigeria Communications Limited (MTN Nigeria) has paid $53 million for an out of court settlement over
MDAs more responsive to IT procurement as NITDA deepens enforcement
By Olusegun Oruame Federal ministries, departments and agencies (MDAs) are becoming more responsive to the statutory guidelines for IT procurement as the National Information
MTN eyes Nigerian banking licence
Telecoms giant MTN Nigeria is to acquire a Payment Service Bank (PSB) licence allowing millions of its customers to carry out digital banking across
9Mobile gets new board as Teleology finally takes over
Teleology Holdings, which emerged the preferred bidder for acquisition of 9Mobile, has finally taken over 9Mobile ending months of speculations and intrigues over the
CBN, MTN inch closer to agreement on $8.1bn fund transfer
Troubled telco, MTN Nigeria Communication Limited through its MTN Group Limited is soon to make an amiable deal with the Central Bank of Nigeria
CBN in talks with MTN Nigeria, assures investors of friendly environment
By Chinedu James The Central Bank of Nigeria (CBN) has assured investors of the country’s open policy to partnership and the provision of a
Nigerian banks to pay N10,000 fine for failed e-transactions
Beginning October 2nd, this year, Nigerian banks are to pay N10,000 per-transaction fine should they fail to reverse failed electronic transactions to the affected
MTN to tackle CBN and AGF in court, ATCON calls for dialogue
By Chinedu James MTN Nigeria is in court with the Central Bank of Nigeria (CBN) and the office of the Attorney General of the