Reps To Investigate Mass Retrenchment at CBN
The House of Representatives has passed a resolution to investigate the recent…
CBN to wind down 96 microfinance, mortgage banks
The Nigeria Deposit Insurance Corporation has said that it has obtained Winding…
Court Affirms Banks’ Right to Request Social Media Handles from Customers
A federal high court in Lagos has struck out a case against…
CBN Imposes 0.5% Cybersecurity Levy on Electronic Transfers
In a bid to enhance cybersecurity in Nigeria's financial sector, the Central…
NLC Opposes CBN Directive on Cybersecurity Levy, Calls for Reversal
The Nigeria Labour Congress (NLC) has strongly opposed the recent directive from…
NIPSS Advocates for 12% GDP Growth, Calls for CBN Collaboration
The National Institute for Policy and Strategic Studies (NIPSS) has urged the…
CBN Bans Foreign Currency Collateral For Naira Loans
The Central Bank of Nigeria (CBN) has banned the use of foreign…
Federal Government Unveils Groundbreaking National Identity Card with Payment Features
In a strategic move aimed at revolutionizing social and financial services, the…
Bankers Criticize Central Bank’s Capital Guidelines Over Retained Earnings Exclusion
The Central Bank of Nigeria (CBN) has recently introduced new capital thresholds…
CBN Raises Minimum Capital Requirements for Banks
The Central Bank of Nigeria (CBN) has unveiled a significant increase in minimum capital…