CBN Raises Foreign Tuition Fee Remittance Limit to $25,000 Per Semester
The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance limit for tuition fees paid by Nigerian...
Fintech Apps Driving Surge in Young Nigerians’ Capital Market Participation, SEC Reveals
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has disclosed that fintech investment platforms are fueling a...
CBN Unveils Nigeria Payments System Vision 2028 to Boost Digital Payments, Financial Inclusion
The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision (NPSV) 2028, a comprehensive strategic framework aimed...
CBN Increases ATM Card Fee, Scraps Monthly Maintenance Charges
The Central Bank of Nigeria (CBN) has increased the cost of issuing and replacing Automated Teller Machine (ATM), debit, and...
Court Overturns CBN Intervention in Union Bank, Signals Major Regulatory Shift for Banking Sector
A landmark ruling by Justice Chukwujekwu Aneke of the Federal High Court in Lagos has upended regulatory precedent in Nigeria’s...
CBN Directs Money Transfer Operators to Open Naira Settlement Accounts to Improve Remittance Transparency
The Central Bank of Nigeria has directed all International Money Transfer Operators (IMTOs) operating in the country to open and...
Expert Shares Five Wealth-Building Strategies for Nigerian Women-Led Businesses
A wealth management expert has outlined five key strategies Nigerian women entrepreneurs can adopt to build sustainable and generational wealth...
FairMoney Bolsters Governance with Appointment of Gbenga Shobo as Chairman, Debo Aderoju as Executive Director
FairMoney has bolstered governance with appointment of Gbenga Shobo as Chairman and Debo Aderoju as Executive Director. NewsOnline Nigeria reports...
CBN Imposes N10m Fine on Banks Using Unaccredited Cheque Printers, Revises Sanctions Regime
The Central Bank of Nigeria (CBN) has introduced stricter penalties, including a N10 million fine and withdrawal of cheques from...
CBN Grants Opay, Moniepoint and PalmPay National Operating Status
The Central Bank of Nigeria (CBN) has approved the upgrade of Opay, Moniepoint, and PalmPay to national operational status, clearing...
