Banking & Finance
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10932 Banks Meet New Capital Requirements Ahead Of Deadline
The Central Bank of Nigeria (CBN) has disclosed that 32 deposit money banks have met the new minimum capital requirements ahead of...
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97CBN Directs IMTOs to Open Naira Settlement Accounts to Deepen Diaspora Inflows
As part of new measures to deepen diaspora remittances and enhance transparency in the foreign exchange market, the Central Bank of Nigeria...
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192Cardoso Urges African Regulators to Deepen Cooperation on Cross-Border Financial Risks
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on African financial regulators to strengthen collaboration in managing cross-border...
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251AfDB Approves $5.52m Grant to Strengthen Tax Systems in Nigeria, West Africa
The African Development Bank Group (AfDB) has approved a $5.52 million grant aimed at strengthening tax administration and improving domestic revenue mobilisation...
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188CBN Introduces 24-hour Watch List for Suspicious BVNs, Tightens Banking Rules
The Central Bank of Nigeria (CBN) has unveiled new regulations aimed at strengthening fraud control and digital banking security across the country....
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220CBN Extends Anti-Money Laundering Compliance Deadline for Banks
The Central Bank of Nigeria (CBN) has given Deposit Money Banks 18 months to fully comply with its new baseline standards for...
