Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
Tag : Central Bank of Nigeria
CBN to strictly regulate Nigeria’s fintech sector
The central bank is also identifying illegal fintech companies and bringing them under regulatory control...
CBN objects MTN Nigeria’s USSD transactions charge
MTN is expected to start charging its customers on the directive of bankers committee...
Nigerian startup Kuda raises $1.6 mn in pre-seed funding
The proceeds from the funding might be used for it to transition from beta to live launch of its online mobile finance platform...
Nigeria enters mobile banking era with MTN’s payments licence
The Central Bank of Nigeria has granted a licence to a subsidiary of MTN Nigeria to provide financial services...
Central Bank of Nigeria released US$210mn to relieve dollar crunch
The Central Bank was “ready to inject funds into the market, whenever and wherever necessary, in order to maintain market stability as well as sustain the financial system,” the statement reads...