Tag: CBN
Cryptocurrency: SEC to suspend admitting persons affected by CBN ban
The Securities and Exchange Commission (SEC) says it will put on hold, admittance into its Regulatory Incubation Framework for Fintech firms, all persons affected...
Court orders CBN to unfreeze #EndSARS promoters’ accounts
The Federal High Court, Abuja on Wednesday ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of 20 #EndSARS promoters.
Justice Ahmed...
Some cryptocurrency traders think like MMM Ponzi – Adamu Garba
A former presidential aspirant in the All Progressives Congress Adamu Garba says he is in support of the directive by the Central Bank of...
Shehu Sani, Segalink, others kick against CBN’s ban on cryptocurrency accounts
Criticisms have followed the directive from the Central Bank of Nigeria (CBN) prohibiting commercial banks and all non-banking financial institutions from transactions involving cryptocurrencies.
The...
Police arrest fake CBN investment scheme mastermind
Police in Lagos, in a joint operation with the Edo State Command, have arrested the mastermind behind a syndicate group impersonating the Central Bank...
CBN orders closure of cryptocurrency traders’ bank accounts
The Central Bank of Nigeria (CBN) has directed the closure of bank accounts of persons or entities involved in cryptocurrency transactions.
The apex bank issued...
Zenith Bank’s board approves 2020 financial results, final dividend
The board of directors of Zenith Bank Plc has approved the group audited consolidated and separate financial statements for the year ended December 31,...
Maize: CBN to support farmers with 300,000 metric tonnes
Farmers under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) are set to receive about 300,000 metric tonnes of maize...
Christmas: CBN investigates lack of cash in ATMs
The Central Bank of Nigeria (CBN) says it will investigate the lack of funds witnessed by customers in most Automated Teller Machines (ATMs) in...
CBN, FirstBank disown Azimo
The Central Bank of Nigeria (CBN) and First Bank of Nigeria Limited have both dissociated themselves from Azimo which claims to offer global money...