As the recapitalisation of banks continues, the Central Bank of Nigeria (CBN) has indicated that four deposit money banks in Nigeria have transitioned their banking licences from regional…
Browsing: CBN
The Trade Union Congress (TUC) has threatened a massive protest that will shut down the Nigerian economy if the Federal Government fails to repeal the contentious cybersecurity…
The Central Bank of Nigeria (CBN) has reduced its initial restriction on international oil companies operating in the country from repatriating cash revenues. In a circular…
The Central Bank of Nigeria (CBN) has demanded that all point-of-sale (POS) operators in the country register with the Corporate Affairs Commission (CAC) within two months.…
Nigeria’s Central Bank on Monday mandated Banks to commence charging a 0.5% cybersecurity levy on transactions. A circular released by the apex bank said the Banks should…
Nigerian Fintech company, OPay, has notified customers that the institution will no longer permit cryptocurrency and all other forms of virtual currency trading on its app.…
Nigerian financial technology company OPay has announced a temporary pause in onboarding new customers and creating new wallets. This decision comes in response to a recent…
The Central Bank of Nigeria (CBN) has ordered four fintech companies to put on hold the onboarding of new customers until further notice. The firms under scrutiny…
The Economic and Financial Crimes Commission (EFCC) is preparing to charge former Central Bank of Nigeria (CBN) Governor Godwin Emefiele with approving the production of N684.5…
The naira slumped further against the United States dollar at the official market on Tuesday, closing at 1,300 per dollar. This came as the Central Bank…