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Tag: Central Bank of Nigeria (CBN)
BREAKING: MTN Nigeria Diversifies Into Banking As CBN Issues Approval For MoMo Bank
April 11, 2022
Nigeria’s telecommunications firm, MTN has received final approval from Nigerian regulators to run a payment service bank. MTN, in a statement signed by the company’s secretary, Uro Ukpanah on Monday, revealed that the Central Bank ...
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CBN Reveals Reasons Behind Ban Of Cryptocurrency
February 8, 2021
The Central Bank of Nigeria (CBN) has explained in detail the reason for its directive to Deposit Money Banks (DMBs) and other financial institutions to desist from transacting in and with entities dealing in cryptocurrencies. ...
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Sex Scandal: Group Petitions CBN To Sanction FCMB CEO, Adams Nuru
January 2, 2021
A group identified as ‘JUSTICE FOR TUNDE THOMAS’ group has launched a petition on change.org calling on the Central Bank of Nigeria (CBN) to sanction the managing director of First City Monument Bank (FCMB), Adam ...
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