November 7, 2024/FBNQuest Research Data from the Nigerian Communications Commission (NCC), showed that Nigeria’s broadband connections fell by -4% month-on-month (MoM) to 90.1 million in September 2024. The reduction in September marks the second consecutive month of decline. According to NCC, mobile broadband accounts for a substantial portion (over 99%) […]
Author: InvestAdvocate
Africhange Secures IMTO Licence to Streamline Remittance to Nigeria
New License Strengthens Direct Bank Partnerships, Reducing Costs for the Nigerian Diaspora November 7, 2024/Africhange Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the Central Bank of Nigeria [CBN]. This strategic move significantly improves […]
Voluntary Currency Disclosure Scheme
November 7, 2024/CSL Research On 31 October 2024, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, announced the launch of the Foreign Currency Voluntary Disclosure, Depositing, Repatriation, and Investment Scheme, also known as the Disclosure Scheme. This initiative is in line with Executive Order […]
