Home Tag "Naira"

CBN to Nigerians: Don’t use unregistered money transfer operators

The Central Bank of Nigeria (CBN) has warned Nigerians to be wary of using the service of unregistered money transfers done across national borders. “The Central Bank of Nigeria (CBN) wishes to advise Nigerians at home and in the Diaspora to beware of the unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in […]

NCC: Telcos ‘have collected 47.8m NIN records’

Unprecedented: Watchdog imposes N1.4 trillion fine on MTN Nigeria

Professor Umar Danbatta, the new chief of Nigeria’s telecoms industry watchdog, has approved punitive sanctions totaling one trillion and forty billion naira (N1.04 trillion) against MTN Nigeria, over alleged breach of SIM registration rules by the mobile phone company, Technology Times has authoritatively confirmed. Technology Times checks reveal exclusively that the Nigerian Communications Commission (NCC) […]

NCC: Telcos ‘have collected 47.8m NIN records’