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CBN

CBN and FintechNGR Chart the Way Forward to Enhance Nigeria’s Fintech Ecosystem

In light of recent developments aimed at strengthening Nigeria’s fintech sector, Ade Bajomo, President of FintechNGR, led a team from the Association’s Governing Council in an engagement with the Central...
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Binance Excludes Nigerian Naira from P2P Feature Amid Concerns Over CBN Clampdown

On Wednesday, the cryptocurrency trading giant Binance made a significant move by excluding the Nigerian Naira from its peer-to-peer (P2P) trading platform. This decision has sparked concerns among Nigerian users...
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Central Bank of Nigeria Reverses Ban on Crypto Transactions, Introduces New Guidelines

In a remarkable policy shift, the Central Bank of Nigeria (CBN) has overturned its previous ban on crypto transactions within the country. This significant change came through a circular dated...
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Nigerian banks have no exposure to Silicon Valley Bank- CBN

The Governor of Nigeria’s Central Bank, Godwin Emefiele says that no financial institution in Nigeria has exposure to the now collapsed bank, Silicon Valley Bank.   Emefiele stated this while...
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