By Sonny Aragba-Akpore After over five years of bickering on the debts owed by Money Deposit Banks (DMBs) for Unstructured Supplementary Service Data ...

By Tolu Grey Nigeria’s digital banks are trapped in a regulatory maze designed for a different era. While these companies serve millions of ...

The Central Bank of Nigeria (CBN) has unveiled a new Electronic Foreign Exchange Matching System (EFEMS). This will enhance transparency and governance in the ...

CBN clarifies cybersecurity levy suspension, withdraws policy guideline amid media misreporting

Matters eRising with Olusegun Oruame …. The state of the eNaira serves as a somber commentary on the broader failings of the nation’s ...

Bank Verification Number (BVN) enrolments by Nigerian bank account owners have reached 62.7 million in July 2024, an increase from 61.87 million in ...

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to 14 new International Money Transfer Operators (IMTOs) as part of its strategy ...

A Federal High Court in Lagos has upheld a Central Bank of Nigeria (CBN) regulation requiring financial institutions to collect customers’ social media ...

In a move to enhance cyber defenses across Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has mandated all banks to implement ...

The Central Bank of Nigeria (CBN) has taken decisive action, prohibiting leading fintech platforms like Palmpay, Moniepoint, Opay, and Kuda Bank from onboarding ...