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Central Bank of Nigeria

Nigeria: CBN to raise bank minimum capital to N906b

The Central Bank of Nigeria (CBN) is considering an increase in the minimum capital requirement for Nigerian commercial…

Nigeria: CBN Governor approves updated service charter

In a significant step towards enhancing the business environment in Nigeria, Central Bank of Nigeria (CBN) Governor Olayemi…

Polaris Bank begins dollar payout to money transfer recipients

Polaris Bank has commenced payment of US dollars to all beneficiaries of money transfer across all its branches…

Nova Merchant Bank names Ude as Acting MD/CEO

Nova Merchant Bank recently announced the appointment of Mr. Nath Ude as its Acting Managing Director/Chief Executive Officer,effective…

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Nigeria: PalmPay resumes customer onboarding, reinforcing its commitment to financial inclusion

Following the Central Bank of Nigeria (CBN) lifting its restriction on onboarding new customers, PalmPay has announced the…

Nigeria: CBN Governor Unveils Comprehensive Communication Revamp

Ahead of the Monetary Policy Committee (MPC) meeting, Governor Olayemi Cardoso of the Central Bank of Nigeria revealed…