Cybersecurity levy circular withdrawn by CBN by Saibu Grace May 20, 2024 0 The Cybercrime Prevention and Prohibition Amendment Act of 2024's proposed cybersecurity levy, as suggested by the Central Bank of Nigeria ...
Stakeholders decry CBN’s clampdown on Cryptocurrency by Saibu Grace May 12, 2024 0 Stakeholders in the blockchain industry have blamed Nigeria's cryptocurrency trading challenges on the policies of the Central Bank of Nigeria ...
Lawmakers urge CBN to withdraw Cybersecurity levy by Ibukunoluwa Bankole May 10, 2024 0 In a recent development, the House of Representatives has called upon the Central Bank of Nigeria (CBN) to retract the ...
Why CBN’s Cybersecurity levy on electronic transfers is crucial by Modupeoluwa Olalere May 7, 2024 0 The National Security Adviser would supervise the cyber security levy deduction process, according to the Central Bank of Nigeria (CBN). ...
Seven Key Facts about Nigeria’s Consumer Credit Scheme CREDICORP by Modupeoluwa Olalere April 27, 2024 0 President Bola Ahmed Tinubu has approved the first phase of the Consumer Credit Scheme in Nigeria for implementation. This scheme ...
CBN bans fintechs from international payments services by Ibukunoluwa Bankole February 8, 2024 0 In a significant regulatory overhaul, the Central Bank of Nigeria (CBN) has taken a bold step by announcing a comprehensive ...
NIMC, CBN, others to create Nigerian consumer credit framework by Modupeoluwa Olalere December 28, 2023 0 The Presidential Council on Industrial Revitalization has set up a Technical Working Group, which includes the Federal Competition and Consumer ...
Palmpay launches CBN-compliant KYC process by Modupeoluwa Olalere December 19, 2023 0 As part of a new security update for its app, PalmPay, a well-known fintech company, requires new users to enter ...
CBN waives cash deposit processing fees by Modupeoluwa Olalere December 17, 2023 0 The Central Bank of Nigeria (CBN) said that banks nationwide will no longer charge processing fees for large cash transactions. ...
SeedFi’s financial inclusion boosts Nigeria’s economy by Modupeoluwa Olalere December 16, 2023 0 The CBN required traditional banks to lend 65% of account users' funds to build the economy. Although banks are fined ...