CBN Orders DMBs, PSBs To Separate Bulk Payments From Others
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs)…
Oil, Power Firms’ Indebtedness To Banks Hits N5.14Trn In June
The Central Bank of Nigeria (CBN) has reported that oil and gas…
Senate Accuses CBN, NNPC Of Profligacy, Agencies Debunk Allegation
The Senate on Wednesday accused Government Owned Enterprises of worsening the current…
CBN Orders Banks To Publish Forex Rules Violators’ Names, BVNs
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs)…
DMBs Caution Customers On Forex Abuses, List Penalties
Deposit Money Banks (DMBs) in the country are sending warnings to their…
NAMB Charts Monetary Roadmap For Improved Funding Of MSMEs
The National Association of Microfinance Banks (NAMB) has advocated the need for…
CBN Cautions MFBs On Non-Permissible Transactions, Threatens Sanctions
The Central Bank of Nigeria has issued a circular to guide licensed…
CBN Releases Cyber Attack Draft Guidelines For OFIs
The Central Bank of Nigeria (CBN) has released a framework to protect…
CBN Links Naira Depreciation To COVID-19 Pandemic
The Central Bank of Nigeria (CBN) has linked the recent depreciation in…
Nigeria’s Challenger Bank -Kuda -Raises $55Mn In Series B Funding Round
Kuda, a London-based, Africa-focused challenger bank, has raised $55 million in a…