Bloc MFB gains CBN approval to operate in Lagos by Modupeoluwa Olalere November 24, 2023 0 Bloc MFB, a subsidiary of BlocHQ Limited, has gained CBN approval in principle to start operations in Lagos, Nigeria. Edmund ...
CBN announces DMBs who distort images, data will pay penalties by Felicia Akindurodoye October 24, 2023 0 The Central Bank of Nigeria (CBN) announced that Deposit Money Banks (DMBs) that use any form of technology which distorts ...
CBN introduces FX price verification system portal for importers by Felicia Akindurodoye August 20, 2023 0 The Foreign Exchange (FX) Price Verification System (PVS) is a new website that was recently introduced by the Central Bank ...
CBN makes N103.8 bn profits from Naira reforms by Felicia Akindurodoye August 15, 2023 0 The long-awaited audited accounts for the year that ended in December 2022 have been published by the Central Bank of ...
CBN revokes licenses of 2,698 Bureau de Change operators by Felicia Akindurodoye July 22, 2023 0 The Central Bank of Nigeria (CBN) has made a big move by announcing the removal of operating licenses from 2,698 ...
CBN warns against international money transfer to Russia, Cameroun, others by Felicia Akindurodoye July 12, 2023 0 The Central Bank of Nigeria (CBN) has cautioned Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs) in the country ...
KYC requires bank clients’ social media handles by Modupeoluwa Olalere June 30, 2023 0 The Customer Due Diligence Regulations 2023, which apply to financial institutions under the control of the Central Bank of Nigeria ...
CBN emphasizes eNaira as digital payment option for Diasporas remittances by Hauwa Ali June 23, 2023 0 The Central Bank of Nigeria (CBN) has taken a significant step in advancing its efforts to liberalize the payout of ...
CBN vows to ensure mobile payments usage across Nigeria by Modupeoluwa Olalere June 17, 2023 0 The Central Bank of Nigeria (CBN) said at the just-ended Digital Pay Expo 2023 that it is going to put ...
Nigeria’s central bank (CBN) governor under investigation after suspension by Felicia Akindurodoye June 16, 2023 0 A few hours after President Bola Tinubu suspended him from office, the Governor of the Central Bank of Nigeria (CBN), ...