Emefiele’s CBN new naira notes different from president’s approval, witness tells court

The trial of former Central Bank of Nigeria, CBN, Governor Godwin Emefiele continued on Thursday, November 14, 2024, at the Federal Capital Territory, FCT, High Court in Maitama, with a fifth prosecution witness, Kingsley Obiora, former CBN Deputy Governor in charge of policy, disclosing that the new naira notes printed and released into circulation under…

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Zimbabwe introduces licensing fee for WhatsApp group admins

The Zimbabwean government has enacted new laws requiring WhatsApp group administrators to acquire The license payments are required of all data controllers, including WhatsApp administrators who manage data related to commercial conversations, per Statutory Instrument 155 of 2024. The new license will apply to several organizations, including churches, companies, and community organisations, with a minimum…

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Paymenex Launches OneCard Africa, Revolutionising Seamless Payments Across the Continent

Abuja, Nigeria – Paymenex has unveiled OneCard Africa, a digital payment card exclusively designed for Africa, which promises to transform financial transactions across the continent. OneCard operates in all African currencies, enabling users to pay, send, and receive money across borders within the African Continental Free Trade Area (AfCFTA) without currency conversion complications.Available as a…

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Anambra business man petitions PSC over alleged attempt to free criminal syndicate

Anambra State businessman Mr. Eches Chinedu Henry has appealed to the Chairman of the Police Service Commission (PSC), to intervene in an alleged attempt to undermine the judicial process. The move, he claims, is part of a deliberate effort to free members of an international criminal syndicate that specializes in defrauding unsuspecting businessmen, using Nigerian…

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NNPCL announces end to importation of fuel, focuses on Dangote refinery

The Nigerian National Petroleum Company Limited (NNPCL) has said it has ceased importation of refined petroleum products. It said its focus to sourcing fuel directly from the Dangote Petroleum Refinery, owned by Africa’s richest man and business mogul, Alhaji Aliko Dangote.NNPC’s Group Chief Executive Officer, Mele Kyari, made this disclosure on Monday during his address…

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Why the Nigerian Government Must Listen to Dr. Aguoru’s Call to Ban Use of Card PIN for Online Transactions

By Charles Ude, Esq. Central Bank of Nigeria The recent appeal by Dr. Kingsley Chibuzor Aguoru, a UK-based Nigerian Chartered Engineer and information security expert, to redefine online transaction protocols and ban the use of card PINs online deserves immediate attention. Dr. Aguoru, in a widely shared petition to the Central Bank of Nigeria (CBN)…

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