Tag: CBN
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CBN Labels Zuldal MFB Illegal, Issues Public Caution
The Central Bank of Nigeria has distanced itself from Zuldal Microfinance Bank Limited, claiming that it is conducting business illegally and without legal authority....
SERAP Hits CBN Over Missing N1.44 Trillion in Public Funds
According to reports, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the apex bank are facing intense scrutiny over the...
CBN Moves to Clean Up PoS Sector, Bars Debtors and Blacklisted BVNs from Operating
With its freshly updated Central Bank of Nigeria (CBN), the Central Bank has boldly tightened supervision on the Point of Sale (PoS) ecosystem.
Instructions...
CBN Enforces Stricter PoS Rules with N5 Million Minimum Fine for Non-Compliance
The Central Bank of Nigeria (CBN) has increased oversight of agent banking, requiring geo-tagging of all Point of Sale (PoS) terminals across the country....
CBN Launches National Campaign to Protect the Naira from Rising Replacement Costs
The Central Bank of Nigeria (CBN) has connected the growing printing and replacement expense of the naira to widespread abuse and bad handling of...
