Tag: CBN

CBN fixes N2b capital for mobile money operators

The Central Bank of Nigeria (CBN) has directed, in a circular signed by its Director,...

CBN revokes 7 payment service providers’ operating licences

The Central Bank of Nigeria (CBN) has revoked the operating licenses of seven Payment...

CBN revokes 42 microfinance banks’ operating licences

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 42 microfinance...

WorldRemit delivers USD bank transfers to Nigeria in time for Christmas

WorldRemit, a leading digital cross-border payments business, has launched a service...

FirstBank leads other top banks in e-business earnings

Nigeria’s leading financial institution, First Bank Nigeria Limited tops other...

Polaris Bank CEO, Abiru, retires

The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo...

Airtel partners Standard Chartered Bank to drive fintech growth

To increase access to its mobile money services and drive fintech growth, Airtel...

NCC seeks settlement of banks, telcos USSD dispute

The Nigerian Communications Commission (NCC) has called for an amicable resolution...

Paradigm shift in Nigeria’s financial sector as new normal deepens financial inclusion

The principle of financial inclusion has assumed greater level of importance in recent...

May & Baker increases its net loans with N1billion intervention loan from CBN

May & Baker says it received an intervention fund of N1 billion from the Central...