Tag: Banking Regulation

Nigeria's point-of-sale (POS) industry is entering a stricter regulatory phase as the Corporate Affairs Commission (CAC) and the Central Bank ...

The Central Bank of Nigeria (CBN) has introduced new interpretative guidance limiting the suspension of payment obligations and contractual termination ...

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, effective July 1, 2026, ...

The Nigeria Deposit Insurance Corporation (NDIC) has remitted a cumulative ₦950.52 billion to the Federal Government's Consolidated Revenue Fund (CRF), ...

The Central Bank of Nigeria (CBN) has issued an exposure draft outlining significant revisions to the regulatory framework governing Financial ...

The Central Bank of Nigeria’s (CBN) proposed revisions to regulations governing bank holding companies (HoldCos) are poised to reshape the ...

Nigeria’s banking sector is facing growing pressure as the ratio of bad loans increased to 8.03 per cent in January ...

Nigeria’s oldest financial institution is attempting one of the most consequential reputation rebuilds in its modern history. At the centre ...

The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) in the country to open and ...

The Central Bank of Nigeria has introduced stricter guidelines governing international money transfers, requiring remittance service providers to channel all ...