Tag: Central Bank of Nigeria
CBN fines UBA, Zenith Bank, First Bank, 6 others for ATM cash hoarding during yuletide
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Nine Deposit Money Banks have been fined a total of N1.35 billion by the Central Bank of Nigeria…
CBN targets foreign investments, restrict local transactions in new diaspora accounts
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The Central Bank of Nigeria (CBN) has announced restrictions on local transactions for the newly introduced Non-Resident Nigerian…
CBN launch financial offerings to attract Nigerians abroad
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To attract Nigerian nationals living abroad, the Central Bank of Nigeria (CBN) has launched two new financial products:…
Sterling Financial HoldCo secures CBN nod for N75 billion capital increase, eyes public listing
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Sterling Financial HoldCo has received approval from the Central Bank of Nigeria (CBN) for its N75 billion capital…
CBN and SEC approve Access Holdings’ N351 billion Rights Issue, paving way for global expansion
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The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have granted Access Holdings Plc…
CBN opens temporary FX window for BDCs, limits purchases to $25,000 weekly
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Bureau de Change (BDC) operators have been temporarily authorised by the Central Bank of Nigeria (CBN) to buy…
Flutterwave partners with CBN to simplify payment with AfriGo
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Flutterwave announced on Wednesday that users can now accept payments via the Central Bank of Nigeria (CBN)’s first…
Binance Executive trial: Court summons Nigeria’s Central Bank
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The Head of the apex bank’s Legal Services Department and the Governor of the Central Bank of Nigeria…
CSO Launches Intelligence Technology To Ensure Credible 2023 Elections In Nigeria
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Connected Development (CODE), a Civil Society Organization (CSO), has released a pre-election security assessment report and electoral intelligence…
The Central Bank of Nigeria approves Fincra as payment service provider
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Payment infrastructure firm Fincra, with locations in Canada, Lagos, and Nairobi, recently announced that it had been granted…