A financial technology firm, Connect Point Technology Solutions Limited, has received regulatory approval to operate a Payment Solutions Service licence category. In a letter dated April...
Central Bank of Nigeria (CBN) has removed a whopping N7.02 trillion of customer deposits from banks’ accounts and kept it in its vault. Banks use the...
Airtel Nigeria has been granted a full super-agent license from the Central Bank of Nigeria (CBN). This is coming six months after Airtel announced it had...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has said the apex bank will consider the advice of the International Monetary Fund (IMF) to...
The Governor, Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele and Chief Executive Officer of Financial Institution Training Centre, (FITC), Mrs. Chizor Malize have been scheduled...
Central Bank of Nigeria’s (CBN) forex programme has raked in $60 million after one month of active implementation. Nneka Onyeali-Ikpe, managing director of Fidelity Bank, made...
MTN Nigeria, has received final approval from Central Bank of Nigeria (CBN) to run a payment service bank, according to a regulatory filing by the operator...
Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions,...
Central Bank of Nigeria (CBN) has barred Credit Guarantee Companies (CGCs) from accepting deposits among other things. The apex bank disclosed this Tuesday in its guidelines...
There are indications that banks are widening their interest rate margin apparently to cushion the impact of rising inflation on their operating cost and profitability. This...
