Money Market

Orange Money, Visa Announce a Strategic Partnership to Accelerate Online Payments in Africa

This partnership marks a new milestone in the shared ambition of the two companies: to provide millions of users with a simple, secure, and internationally recognized payment solution December 12, 2025/Orange Middles East and Africa Orange Money Group and Visa announce a strategic partnership aimed at accelerating online payments and […]

CBN Licenses 82 New Exchange Bureaus

December 11, 2025/CSL Update The Central Bank of Nigeria (CBN) has approved operating licenses for 82 new Bureau De Change (BDC) operators, effective 27 November 2025. According to the Apex Bank, this development represents a significant step in its ongoing reform agenda to restore order, transparency, and efficiency in the […]

CBN’s New Cash Policies to Become Effective 01 January 2026

December 4, 2025/CSL Update The Central Bank of Nigeria (CBN) has issued a new circular introducing stricter cash-withdrawal limits and revising deposit-related charges as part of ongoing efforts to reduce cash dependency and improve financial system transparency. Effective 01 January 2026, weekly cash-withdrawal limits will be capped at ₦500,000 for […]