"Financial institutions are to note that any breach of the provisions of this Guide carries a penalty of N2,000,000 per infraction or as may be determined by the CBN from time to time. "ii. Where a ...

The ABS-CBN Ball 2025 was a special night that brought ... Mikha and Sheena were in full bloom and were the epitome of elegance in their respective Francis Libiran gowns in muted pink hues.

Access Bank is acquiring NBK through a full purchase of shares from KCB Group Plc, which has held complete ownership of the bank since 2019. As part of the acquisition, selected assets and liabilities ...

According to the CBN, “All BDCs are advised to ensure that their operations, staff training, transaction monitoring, and customer onboarding procedures are always fully compliant with applicable ...

against the CBN Governor, Director of Legal Services, the EFCC, and the Minister of Finance, arguing that their refusal to release the full amount constitutes contempt of court and undermines the ...

The Central Bank of Nigeria (CBN) says it will begin “mystery shopping ... “For the avoidance of doubt, full responsibility for compliance rests with each licensed BDC.” ...

There is no going back on rebuilding credibility through orthodox monetary policy, transparency and consistency, the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said.

The Central Bank of Nigeria (CBN) has issued a strong reminder to banks, payment service banks, and fintech companies on the need to reinforce their sanctions compliance frameworks or risk regulatory ...

The Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalisation exercise, stressing that such actions ...