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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 the 15th Of February, 2021 the General Council agreed by consensus to selected Ngozi Okonjo-Iweala…
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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 validation service. Paystack revealed this in messages sent to its customers on Thursday. Paystack said, “We’ve…
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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 the NAFEX rate is now the default reference exchange rate for official and legitimate transactions.…
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