Banking & Finance
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247Afreximbank Mulls $10b to Shield Nigeria, Others from Gulf Crisis
To mitigate the economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank...
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256Banks to Undergo Regular Stress Tests Under New CBN Framework
The Central Bank of Nigeria (CBN) has disclosed plans to implement regular stress tests for all commercial banks in the country as...
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265CBN: 33 of 37 Banks Met New Capital Requirements, Raised ₦4.65tr
The Central Bank of Nigeria (CBN), yesterday disclosed that Nigerian banks had raised a total of N4.65 trillion in new capital within...
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259CBN Sets Tough Cybersecurity Timeline for Banks
The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of efforts to...
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19432 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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197CBN 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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282Cardoso 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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341AfDB 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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287CBN 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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304
CBN 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...
