CBN Mandates Banks to Obtain Approval Before Altering Core Banking Systems
Nigeria’s Central Bank (CBN) has issued a new directive requiring commercial banks to secure regulatory approval before making changes to ...
Tag: Banking regulations
CBN Imposes Ban on Banks and Fintechs From International Money Transfers
In a pivotal move, the Central Bank of Nigeria (CBN) has officially prohibited banks and financial technology companies (fintechs) from ...
CBN Revokes 139 Microfinance and finance company Licenses
Central Bank of Nigeria (CBN) has revoked the operating licenses of several microfinance banks, finance companies, and primary mortgage banks ...
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