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EU Announces N21bn Fund For Graduate Employment Scheme In Nigeria

European Union
The European Union (EU) yesterday announced funding of €44 million (N21billion) for the Nigeria Jubilee Fellows Programme (NJFP) aimed at employing graduates who recently concluded the mandatory one-year National YouthRead More

In Durban, Buhari Says Nigeria’s Economy Now Restructured From Oil Dependence To Multiple Revenue Sources

President Muhammadu Buhari
States Africa’s challenges traceable to inability to domesticate production, provide jobs President Muhammadu Buhari has said his administration has transformed the nation’s economy from being solely dependent on oil revenueRead More

CBN To Enhance Regulation Of Fintech Digital Playing Field

CBN Godwin Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stated that the speed and innovation occurring in the payment system calls for enhance regulations to keepRead More

Sukuk: FG Borrowed N350bn In Three Years For Road Projects, Says Jaiz Bank

Jaiz Bank
Backs CBN’s move against BDCs The Managing Director/Chief Executive, Jaiz Bank Plc, Mr. Hassan Usman, has disclosed that the Federal Government utilised Islamic financing instruments, particularly the Sukuk, to raiseRead More

Bitcoin Depot Deploys Over 350 ATMs In The US, Global Number Exceeds 19,000

Cryptocurrency ATM operator, Bitcoin Depot
Cryptocurrency ATM operator, Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000Read More

Report: Fintechs Raised $120.557 Million in 60 Deals in 2020

Financial technology (fintech)
Financial technology (fintech) startups in Nigeria raised a total of $120,557,026 in 60 deals in 2020, the Nigerian Startup Funding Report 2020 published by Techpoint Africa has revealed. According toRead More

CBN Unveils Quick Response Code Framework To Facilitate e-Payments

Central Bank of Nigeria (CBN)
Issues safeguards for innovative products By James Emejo The Central Bank of Nigeria (CBN) yesterday unveiled a framework for Quick Response (QR) code payments, directing all issuers, acquirers, switches, processorsRead More