CBN - Page 3

CBN tasks fintechs on regulations, stakeholders’ engagement

The Central Bank of Nigeria (CBN) has tasked financial technology (fintech) firms in the country on regulations and increased stakeholders’ engagement to strengthen the sub-sector. The CBN stated this when FintechNGR, the

6 hours ago

by Adeyemi Adepetun

Court adjourns Emefiele’s procurement fraud trial to October

Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court has adjourned the trial of the former Governor of the Central Bank of Nigeria (CBN) to October 21. Justice Muazu fixed

1 week ago

News

CBN directs banks, IMTOs to pay diaspora remittances in naira

The Central Bank of Nigeria (CBN) Tuesday directed banks and International Money Transfer Operators (IMTOS) to pay all diaspora remittances in naira and match with the corresponding foreign currency inflows going forward.

1 week ago

Business·Business Service·Slide

Again, court orders final forfeiture of $1.4m linked to Emefiele

Justice Ayokunle Faji of a Federal High Court, Lagos, has ordered the final forfeiture of $1,426,175.14 linked to the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to

1 week ago

News·Slide

CIS seeks robust technology to support bank recapitalisation

The Chartered Institute of Stockbrokers (CIS) has called for the adoption of technology in every stage of the recapitalisation of the banks. This formed highlights of the recommendations made by the institute

1 week ago

Business

Firm secures PTSA license, assures of seamless service availability in payment industry

Unified Payment Services Limited (Unified Payments), Nigeria’s leading fintech service provider, has achieved a significant milestone by securing the country’s second Payment Terminal Service Aggregator (PTSA) license. The Central Bank of Nigeria

1 week ago

News·Nigeria

Groups kick against plans to stop CBN’s recapitalisation programme

A coalition of civil society organisations yesterday expressed worry over an alleged move by some vested interests within the banking system to orchestrate a diversionary campaign to stop the recapitalisation programme in

1 week ago

News·Nigeria

Emefiele awarded contracts to wife, brother-in-law- Witness

Mr Michael Agboro, a prosecution seventh witness alleged that the suspended governor of the Central Bank of Nigeria (CBN). Godwin Emefiele awarded contracts to companies belonging to his wife and his brother-in-law.

1 week ago

News·Slide

Nigerians resort to loans as survival strategy amidst inflation

The Central Bank of Nigeria (CBN) has revealed an increase in consumer credit, with personal loans and retail loans rising by 14.3% and 4%, respectively, in January 2024. CBN in a statement

1 week ago

Business·News·Uncategorized

CBN stress-tests FX market reform, stops BDC funding

• Apex bank trades quick fixes for long-term confidence building • Gwadabe: Lack of clarity in new guidelines fueling fresh panic • Naira on edge ahead of summer activities • Moody’s: Govt to spend 36

1 week ago

Business·Slide

CBN seeks collaboration with private sector to boost economic growth

The Central Bank of Nigeria (CBN) has stressed the importance of the organised private sector to the economic development of the country. At a policy dialogue between the Organised Private Sector (OPS)

2 weeks ago

News·Nigeria·Slide

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CBN - Page 3

CBN tasks fintechs on regulations, stakeholders’ engagement

Court adjourns Emefiele’s procurement fraud trial to October

CBN directs banks, IMTOs to pay diaspora remittances in naira

Again, court orders final forfeiture of $1.4m linked to Emefiele

CIS seeks robust technology to support bank recapitalisation

Firm secures PTSA license, assures of seamless service availability in payment industry

Groups kick against plans to stop CBN’s recapitalisation programme

Emefiele awarded contracts to wife, brother-in-law- Witness

Nigerians resort to loans as survival strategy amidst inflation

CBN stress-tests FX market reform, stops BDC funding

CBN seeks collaboration with private sector to boost economic growth

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