Mastercard leads the charge in transforming Nigeria’s payment landscape as it unveils its contactless payment solutions. The solution will empower businesses to accept card...
Central Bank of Nigeria (CBN) has instructed all licensed financial institutions to display their corporate names conspicuously on all their websites, portals, and online...
Prince Akamadu, chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has said that the recent directive by the Central Bank of...
Central Bank of Nigeria, CBN, has suspended charges on cash deposits above the regulatory limits of N500,000 for individuals and N3,000,000 for corporate account...
Nigeria Inter-Bank Settlement System (NIBSS) has directed banks to disconnect all non-deposit financial institutions from its transfer list. The NIBSS gave this directive to...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator...
Central Bank of Nigeria (CBN) says beginning from April 2024 , it will freeze accounts without a Bank Verification Number (BVN) or National Identification...