CBN Orders Nigerian Banks And Fintechs To Self‑Audit Cybersecurity Defences
The Central Bank of Nigeria (CBN) has ordered banks, fintechs and other licensed financial institutions to complete a new cybersecurity ...
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CBN Launches Crypto AML Pilot With Flutterwave, Paystack and Other VASPs
The Central Bank of Nigeria (CBN) has kicked off a new supervision pilot for virtual asset service providers (VASPs), tightening ...
CBN Upgrades OPay, Moniepoint and Others to National Licences
The Central Bank of Nigeria (CBN) has formally granted national status to the operating licences of a number of prominent ...
CBN Orders Stronger Security for Overseas Card Payments
The Central Bank of Nigeria has instructed that all banks and other financial institutions to make use of multi-factor authentication ...
Top 10 Fee-Free Fintech Apps Nigerians Are Turning To After CBN’s New Charges
With the Central Bank of Nigeria rolling out fresh fees on transfers, withdrawals, and account maintenance, savvy Nigerians are switching ...
Nigeria’s 0.5% Cybersecurity Levy Issued by CBN Stir Emotions
Implementing the 0.5% cybersecurity levy on all bank transactions has sparked a great deal of unhappiness among Nigerians. The Central ...
CBN Halts Onboarding New Customers In 4 Fintech Companies
Four fintech companies have been directed by the Central Bank of Nigeria (CBN) to halt the onboarding of new customers ...
The CBN Circular Adjusted Transfer Limit On Contactless Payment Services
The Central Bank of Nigeria (CBN) has its circular thrilling the local financial landscape with a new transaction limit for ...
Why The CBN May Need To Review The Ban On Crypto To Fix Nigeria’s Foreign Exchange Crisis
The current foreign exchange crisis in Nigeria, marked by the volatility and depreciation of the Naira, calls for a review ...
CBN Statute Mandates Financial Institutions To Adjust KYC System Automation
Nigeria awaits the changing paradigm the current socialist economy will impact the national GDP growth to reflect on the minimum ...