Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.

The Central Bank of Nigeria (CBN) has taken a significant step in its fight against financial crimes by introducing the ...

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.

by Stephen Akudike

September 13, 2023

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The Central Bank of Nigeria (CBN) has released the Customer Due Diligence (CDD) regulations for 2023, aimed at assisting financial ...

Bitcoin Surges Above $28,000 in the Largest Short Squeeze of the Month.

by Bolarinwa Mathew

September 13, 2023

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant surge on Tuesday afternoon, surpassing the $28,000 mark in ...

Banking Giant, Deutsche Bank Ventures into Crypto Custody Services.

by Bolarinwa Mathew

September 13, 2023

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Deutsche Bank, Germany's largest lender, is making a significant move into the world of cryptocurrencies and digital assets. According to ...

FG Collects Over N200 Million in Penalties from Banks for Data Privacy Violations.

by Stephen Akudike

September 13, 2023

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The Federal Government of Nigeria has successfully collected a substantial sum exceeding N200 million in penalties from multiple banks and ...

Nigeria’s Crypto Future: President Tinubu’s Promises and Potential Pitfalls.

by Rate Captain

May 30, 2023

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This new era of governance presents a unique opportunity for Nigeria to explore the vast potential of cryptocurrencies and revolutionize ...

CBN Revokes 139 Microfinance and finance company Licenses

by Rate Captain

May 24, 2023

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Central Bank of Nigeria (CBN) has revoked the operating licenses of several microfinance banks, finance companies, and primary mortgage banks ...

Tag: Financial institutions