Tag: Digital Banking

CBN’s BVN Overhaul: New Rules to Combat Fraud and Strengthen Nigeria’s Banking Security

Business Damilola Bayonle -
BVN Overhaul Strengthens Banking Security, Tightens Identity Controls Nigeria’s financial system is entering a new phase of regulatory tightening as...

World Bank cuts CBN grant to $6.8 million: Implications for Nigeria’s banking oversight

Business Damilola Bayonle -
World Bank cuts CBN grant to $6.8 million to strengthen banking supervision The World Bank has revised its planned grant...

NDIC, CIBN partner to tackle emerging risks in the banking sector

Business Damilola Bayonle -
The Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) have agreed to deepen...

NCC Directs Customers to Pay Bank USSD Fees via Airtime Balance

Business Damilola Bayonle -
In a significant policy shift designed to resolve a long-standing conflict between telecom operators and Nigerian banks, the Nigerian...