CBN assembles SANs, appeals court ruling on Union Bank takeover
The Central Bank of Nigeria, CBN, has constituted a high-powered legal team of Senior Advocates of Nigeria, SANs, to challenge the judgment of the Federal High Court in Lagos which nullified its takeover of Union Bank of Nigeria Plc and ordered the reinstatement of the bank’s former board.
On CBN’s relentless quest to curb bank frauds
By ARIZE NWOBU The Central Bank of Nigeria, CBN, is in the forefront of a collaboration with other regulatory institutions to curb bank frauds and the results are manifest. Fraud losses fell to N25.85 billion from N52.26 billion in 2025, representing a 51 percent drop. Also reported cases dropped to 67, 518 from 70, 111, representing a […]
CBN fintech report signals next phase of Nigeria’s digital finance strategy
CBN has released its inaugural CBN Fintech Report, offering a clear, forward-looking view of Nigeria’s fintech ecosystem and the priorities
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 across the country following compliance with regulatory requirements.
CBN sets new ATM deployment ratio
Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deployment, Operations, Maintenance, and Security.
CBN unveils new industry-wide war on e-fraud
The Central Bank of Nigeria (CBN) has unveiled an industry-wide offensive against rising digital fraud, with the aim of reducing fraud response time to under 30 minutes
