Regulatory
We will soon extend the GSI policy to OFIs — CBN
The Director, Financial Policy and Regulation Department, CBN, Mr Kevin Amugo on Friday said that talks were ongoing with other financial institutions, to ...
Regulatory
US SEC Redefines Accredited Investors to Include Those With Proven Knowledge
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. ...
Regulatory
9PSB gets final approval from CBN with
Payment Service Banks facilitates sending remittances across the country from one user to another, bypassing the banks. As bank customers continue to encounter ...
Regulatory
Regulated Blockchain – A New Dawn in Technological Advancement
For blockchain to be widely accepted, there will be a need for some level of assimilation with the traditional way of doing things. ...
Regulatory
CBN grants licenses to three Payment Service Banks
The Central Bank of Nigeria (CBN) has granted final licenses to three Payment Service Banks (PSBs) to start operation.The final approval to the ...
Regulatory
Brazil’s central bank examines the benefits of a CBDC
The Central bank of Brazil, (Banco Central do Brasil) is laying the groundwork for a Central Bank Digital Currency (CBDC) with an official ...
Regulatory
FG to Unveil Policy to Protect Indigenous ICT Investors
The Minister of Communications and Digital Economy, Dr. Isah Pantami has said that a policy document seeking to protect Nigerian investors in the ...
Regulatory
‘No more middlemen’ — CBN bans third parties from getting forex via form M
The Central Bank of Nigeria (CBN) says it will no longer approve payment of foreign exchange to form M applicants who do so ...
Regulatory
CISI Bill risky for financial market operations, economy ― FMDA
FMDA The Financial Market Dealers Association of Nigeria (FMDA) has kicked against a move by the Chartered Institute of Stockbrokers (CIS) and four ...
Regulatory
GSI: CBN Matches Words with Action
The strategy of the Central Bank of Nigeria to tackle the menace of non-performing loans in the Nigerian banking industry has begun to ...