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NEWS

PalmPay resumes onboarding of new customers

PalmPay has announced that it has resumed onboarding users and merchants on its mobile app. A statement issued by PalmPay noted that the development highlighted its commitment to transforming Nigeria’s financial sector with secure, efficient solutions, while closely working with the apex regulatory body. The Managing Director of PalmPay Nigeria, Chika Nwosu, said, “Our commitment to excellence and financial security remains unwavering as we drive financial inclusion. Despite the growing […]

todayJune 11, 2024 5

BUSINESS

CBN resumes forex sale to BDC operators after three years

The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. The development came three years after the former CBN governor, Godwin Emefiele, announced the suspension of foreign exchange sales to BDC operators. The apex bank disclosed this in a new circular issued and signed by the Director, Trade and Exchange Department, Hassan Mahmud, on Tuesday. […]

todayFebruary 28, 2024 44

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