The directive, outlined in a circular dated February 17, 2025, and signed by Michael Akuka on behalf of the director of the Financial Policy and Regulation Department, seeks to enhance transparency an...
The Central Bank of Nigeria says the reason it ordered bank directors with non-performing insider-related loans to immediately resign from their positions was in response to strengthen corporate gover...
The Central Bank of Nigeria (CBN) on Friday reassured the public that Keystone Bank Limited remains safe, sound, and fully operational. This followed the court order that the shares of Keystone Bank L...
The Central Bank of Nigeria has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 per transaction from Automated Teller Machines. The apex bank disclosed this i...
Arise Business Analyst Chika Mbonu discussed Keystone Bank and the forfeiture of 6.3 billion of its shares owned by Sigma Golf Nigeria Ltd to the Federal Government of Nigeria after a plea bargain ove...
The Federal Government has officially taken full ownership of Keystone Bank following a court ruling ordering the forfeiture of the bank’s shares previously held by its former shareholders, Sigma Golf...
The Nigeria Inter-Bank Settlement System (NIBSS), the country’s largest payment switch, is betting on QR codes as a cash alternative for small-value transactions after improving its Nigeria Quick Resp...
In a circular signed by Dr. W. J. Kanya, the Acting Director of the Trade & Exchange Department at the CBN, the apex bank also outlined the compliance requirements to ensure transparency and curb ...
