Central Bank of Nigeria

CBN revised new cheque book to become fully operational from April

The Central Bank of Nigeria (CBN) has announced that all deposit Money Banks (DMBs)...

CBN issues QR Code framework amid financial system stability

The Central Bank of Nigeria (CBN) has issued a framework for Quick Response Code...

CBN slams fresh N600bn CRR debit on banks

The Central Bank of Nigeria (CBN) has imposed another N600 billion Cash Reserve Ratio...

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...

Polaris Bank CEO, Abiru, retires

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

SPDC appeals asset sale judgment

SPDC is very disappointed that the Rivers State High Court affirmed the enforcement...

Airtel partners Standard Chartered Bank to drive fintech growth

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