BoI Gets CBN Approval To Launch Non-Interest Banking Window
The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window.Announcing the milestone on Sunday in…
Tag: CBN
CBN Upgrades Opay, Moniepoint, Palmpay, others To National Licenses
THE Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status, allowing them to operate…
CBN To Banks: Configure ATMs, POS Terminals For Foreign Cards Transactions
The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day.In a circular dated December…
Dangote Appoints Ex-CBN Director As Group Chief Economist
Dangote Group has appointed renowned economist and former Central Bank of Nigeria (CBN) Director, Dr Mahmud Hassan as its Group Chief Economist, strengthening the Group’s economic advisory capacity…