Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the...
Central Bank of Nigeria (CBN), has given Banks and other financial institutions 30-day ultimatum to close accounts without Bank Verification Number (BVN). The directive...
Central Bank of Nigeria (CBN) has blamed the dispute between telcos and deposit money banks (DMBs) over non-payment for the provision of the Unrestructured...
Central Bank of Nigeria (CBN) has warned banks against harbouring and backing unlicensed foreign firms. CBN said the directive titled “Guidelines for the Regulation...
The Unstructured Supplementary Service Data (USSD) platform is experiencing an extensive crisis, and although talks between the banks and telecommunications operators are ongoing at...
Central Bank of Nigeria on Monday authorized foreign banks in the country to work with their parent companies in availing and syndicating foreign currency-denominated...