Central Bank of Nigeria (CBN) has introduced stricter Bank Verification Number (BVN) enrolment and data access rules to prevent suspected fraudulent transactions, effective May 1, 2026....
Central Bank of Nigeria (CBN) has launched simple new rules to make mobile money transfers and online banking safer and give ordinary Nigerians more say over...
Central Bank of Nigeria (CBN) has kicked off the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria...
Central Bank of Nigeria (CBN) has approved operational guidelines for open banking in Nigeria. The guideline was released via a circular by Musa Jimoh, the Director...
Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. Godwin Emefiele, CBN Governor, represented by Musa Jimoh,...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement...
Central Bank of Nigeria (CBN) released guidelines for the establishment and regulation of payments service holding companies (PSHCs) in Nigeria. Musa Jimoh, CBN’s director of payments...
Central Bank of Nigeria (CBN) has released regulatory framework guiding the operations of non-bank acquiring in the country. A circular issued by Musa Jimoh, director, Payment...
Central Bank of Nigeria (CBN) has directed in a circular signed by Musa Jimoh, its director, Payments System Management Department that Mobile Money Operators (MMOs) are...
First Bank of Nigeria Limited has said that it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr....
