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CBN APPOINTS KASSIM GIDADO AS BOARD CHAIRMAN OF POLARIS BANK
Detailed Breakdown:The Central Bank of Nigeria (CBN) has appointed a new board of directors for Polaris Bank, marking a significant step in the bank's governance.Key Appointment: Kassim Gidado has bee...
SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS
SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS1. Background Information:- Ecobank Nigeria Limited has received approval from the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (C...
Nigeria government says you must have a BVN and or NIN to partake in the 500 million dollar bond
The federal government has a firm point on who and how to subscribe to its $500m bond. Interested individuals must have a BVN and or NIN number. Here is what else you need to know about the Nigeria $5...
CBN Obtains Court Approval to Collect Customers Social Media Handles
The CBN has been approved to go after customers' social media handles in what the Federal High Court called "constitutional KYC rights." This verdict was passed by Justice Nnamdi Dimgba who sits at th...
CBN Approves 14 New International Money Transfer Operators
The Central Bank of Nigeria (CBN) announced on Wednesday that it had granted approval-in-principle (AIP) to 14 new International Money Transfer Operators (IMTOs) to triple the amount of foreign curren...