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CBN opposes MTN’s planned charges for USSD transactions
The Central Bank of Nigeria has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data access to banking services from Oct. 21. The Governor of CBN, Mr. Godwin Emefiele, gave the bank’s position at a news briefing by the Nigerian delegation to the just-concluded World Bank/IMF Annual Meetings, in Washington on […]
Lawyers sue CBN, SEC over cryptocurrency ban
The Digital Rights Lawyers Initiative has approached the Federal High Court in Lagos to challenge the Central Bank of Nigeria and Securities and Exchange Commission for prohibiting banks from dealing in cryptocurrencies and closing down of suspected bank accounts. In the suit number, FHC/L/CS/ 188/2021, DRLI wants the court to declare that virtual currencies are […]
Buhari Names Train Stations After Tinubu, Fashola, Osinbajo
President Muhammadu Buhari has named train stations along the Lagos-Ibadan and the Itakpe-Ajaokuta-Warri corridors after “deserving Nigerians”, the Minister of Transportation, Rotimi Amaechi, has said. Presidency aide, Tolu Ogunlesi, revealed this on Monday in a tweet. According to Ogunlesi, the Apapa station was named after Bola Ahmed Tinubu, while the Agege station was conferred on […]