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BUSINESS/ECONOMY

Nigeria’s mobile money system has a dark side even though it’s convenient – new study explores the risks

Nigeria’s mobile money system has a dark side even though it’s convenient – new study explores the risks A 2021 World Bank report shows that only 45% of Nigerian adults have bank accounts. Another 2021 study shows that nearly one in two adults don’t use any formal financial services. Author […]

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How To Set Up A Licensed Mobile Virtual Network Operator (MVNO) Company in Nigeria

How To Set Up A Licensed Mobile Virtual Network Operator (MVNO) Company in Nigeria MVNO licensing and post-licensing regulatory compliance is under the jurisdiction of the Nigerian Communications Commission (NCC) pursuant to the Nigerian Communications Act.  by Emmanuel Ifeanyi Ogbuka | As an investor, one way of gaining entry into the Nigerian […]

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CBN lifts cash deposit restriction on domiciliary accounts, allows $10k withdrawals daily

CBN lifts cash deposit restriction on domiciliary accounts, allows $10k withdrawals daily The policy changes aim to promote transparency, liquidity, and price discovery in the FX market to improve supply, discourage speculation, enhance customer confidence, and ensure overall stability.   A view shows Nigeria’s Central Bank headquarters in Abuja, Nigeria […]

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