Updates

NDIC Reviews Upwards Maximum Deposit Insurance Coverage Level to N5m from 500K

Image Credit: NDIC May 2, 2024/NDIC ADDRESS OF THE MD/CE NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC) MR BELLO HASSAN AT THE PRESS CONFERENCE ON THE REVIEW OF THE MAXIMUM DEPOSIT INSURANCE COVERAGE LEVEL, THURSDAY 2ND MAY 2024 My Executive Directors and other members of staff of the NDIC, Ladies and gentlemen […]

Innovating Acceptance: Mastercard Launches Program for Startups Seeking to Extend Digital Payments

May 2, 2024/Mastercard Six startups join the new Start Path Acceptance program to expand the acceptance ecosystem around the world – from smart routing to cloud-led solutions Mastercard today announced the expansion of its award-winning startup engagement program, Start Path, welcoming six late-stage startups from around the world that are […]

Personal Statements by Members at the 151 MPC Meeting of March 25 to 26, 2024

April 30, 2024/CBN 1. AKU PAULINE ODINKEMELU I vote to raise the Monetary Policy Rate (MPR) by 150 basis points from 22.75% to 24.25%, retain the cash reserve ratio at 45%, adjust the cash reserve ratio of merchant banks from 10% to 14%, adjust the asymmetric corridor around the MPR […]