CBN Approves Open Banking Launch, Sets August 2025 Rollout for Data Sharing Across Financial Institutions
The Central Bank of Nigeria (CBN) has officially approved the implementation of open banking in the country, making Nigeria the ...
Tag: CBN
CBN Directs Banks to Adopt PAPSS for Transaction Processing
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and ...
OPay’s Scam Alerts Warns You Before You Make Costly Mistakes
Just seconds before sending money, the offer seems too good to miss and the seller appears trustworthy — but a ...
CBN Raises N1.008 Trillion in Oversubscribed OMO Auction Amid Inflation Fight
The Central Bank of Nigeria (CBN) raised N1.008 trillion at its Open Market Operations (OMO) auction on Friday, April 25, ...
CBN, NGX Showcase Reform drive at Nasdaq, Seeks to Rebuild Investor Confidence
Nigeria’s top financial regulators and market leaders convened at the Nasdaq MarketSite in New York to present the country’s economic ...
Cardoso Reaffirms CBN’s Commitment to Monetary Reforms
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the bank’s commitment to restoring confidence in Nigeria’s ...
IMF Flags Persistent Poverty, Food Insecurity in Nigeria Despite Economic Reforms
The International Monetary Fund (IMF) has raised alarm over the continued high levels of poverty and food insecurity in Nigeria, ...
CBN Warns Banks, Fintechs on Sanctions Compliance, Threatens Regulatory Penalties
The Central Bank of Nigeria (CBN) has issued a firm directive to banks, payment service banks, and fintech companies, reminding ...
CBN Injects $150m to Defend Naira as FX Pressure Mounts
The Central Bank of Nigeria (CBN) began the week by injecting $150 million into the foreign exchange market to support ...
Nigeria Emerges Africa’s Web3 Powerhouse with $130M in Startup Funding and Regulatory Shifts
Nigeria has cemented its place as Africa’s most active web3 market, with over 80 startups raising a combined $130 million ...
