CBN orders banks to introduce multi-factor authentication for foreign card…
The Central Bank of Nigeria (CBN) has rolled out new guidelines to strengthen the safety and dependability of transactions…
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CBN revokes two mortgage banks’ licenses
The Central Bank of Nigeria has withdrawn the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans…
CBN sets one-month deadline for dual PoS connectivity
The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers, and payment service providers to adopt…
CBN delists non-compliant BDCs after fresh license issuance
All legacy Bureau De Change operators that did not meet the Central Bank of Nigeria’s new licensing standards have automatically…
CBN grants operating licences to 82 BDCs
The Central Bank of Nigeria (CBN) has granted licences to 82 bureau de change (BDCs) to operate under its revised guidelines from…
CBN revises cash withdrawal policy ahead of 2026 implementation
The Central Bank of Nigeria (CBN) has introduced new cash withdrawal regulations set to take effect in January 2026.
According…
CBN directs banks, other financial institutions to withdraw non-compliant…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks (PSB), and other financial institutions (OFI) to…
Nigeria’s FX market now more transparent with $500m daily turnover —…
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s foreign exchange (FX) market is now…
Why we can’t introduce new economic intervention schemes for now…
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past…
16 banks have met CBN’s capital requirements — Cardoso
The Central Bank of Nigeria (CBN) has announced that 16 banks have now fully satisfied the regulatory capital requirements.…