Tag: Financial Regulation

The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed reports claiming it recently approved 48 new digital loan applications ...

Nigeria’s digital infrastructure sector is poised for a significant transformation following the Central Bank of Nigeria’s (CBN) directive requiring banks, ...

The Central Bank of Nigeria (CBN) has directed banks, payment service providers, and other regulated financial institutions to ensure that ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has received international recognition for spearheading sweeping reforms in Nigeria’s ...

The Central Bank of Nigeria (CBN) has unveiled a new proposal aimed at strengthening the banking sector by limiting financial ...

The International Monetary Fund (IMF) has advised Nigeria to strengthen its oversight of stablecoins and other cryptocurrency-related activities to prevent ...

Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move ...

The Central Bank of Nigeria (CBN) has postponed the enforcement of its mandatory geo-fencing policy for Point-of-Sale (PoS) terminals, giving ...

The International Monetary Fund has warned that rising non-bank financial flows, estimated at approximately $4 trillion globally, are reshaping emerging ...

The Nigeria Deposit Insurance Corporation (NDIC) has revealed that it is currently managing the assets of nearly 600 failed financial ...