CBN To Banks, Others: Pay Special Attention To Risks, Comply With Anti-money Laundering Rules

[ad_1]   The Central Bank of Nigeria (CBN) has directed banks and other financial institutions (OFIs) to pay special attention to credit risk, operational risk, legal risk, liquidity risk, reputation…

Marketers ask CBN to give N250bn to Nigerians to buy gas conversion kits

[ad_1] Oil marketers have asked the Nigerian government to ask CBN to release funds for vehicles owners to fit gas converters into their vehicles The marketers said this as the…

UBA leads list of 8 Nigerian banks approved by CBN to open branches worldwide

[ad_1] The CBN says there are eight commercial banks in Nigeria licensed to operate outside of Nigeria The apex bank also provided a breakdown of the type of licenses for…

CBN urged to review capital control, FX policies | The Guardian Nigeria News – Nigeria and World News

[ad_1] Afrinvest Research has stressed the need for the Central Bank of Nigeria (CBN) to address capital control policies and the multiplicity of the foreign exchange (forex) rates, which have…

Traders in FCT commend CBN over availability of cash | The Guardian Nigeria News – Nigeria and World News

[ad_1] Some traders in the Federal Capital Territory (FCT) have expressed delight over improvement in the availability of naira notes to citizens. The News Agency of Nigeria (NAN) reports that…

NLC reconsiders strike as CBN opens vault to banks

[ad_1] • NEC meets tomorrow to review plans, strategies• We may call off strike if Nigerians have access to their monies, says Ajaero• Strike’ll drag economy into deeper hole, says…

Financial system entering stronger competition as CBN issues open banking rules | The Guardian Nigeria News – Nigeria and World News

[ad_1] •Regulator to create a dedicated registryFinancial system operators are on the cusp of a higher level of competition as the Central Bank of Nigeria (CBN) issues operational and governance…

CBN names 10 digital banks licensed to operate PoS and microfinance banking

[ad_1] The Central Bank of Nigeria (CBN) says there are 10 licensed digital banks in Nigeria The apex bank said that digital banks are also allowed to provide microfinance banking…

Here are the 17 companies licensed by CBN as mobile money operators in Nigeria

[ad_1] Key highlights The CBN licensed 17 companies to provide mobile money services in Nigeria Some of these service providers have been providing succor to Nigerians in recent times as…

CBN names 17 firms to operate PoS business in Nigeria, bans bank agents

[ad_1] The Central Bank of Nigeria has released the names of licensed mobile money operators in Nigeria The mobile money operators are empowered to operate PoS Services in the country…