2 results
- 18 Jan 2017
CBN Bars Banks from Bitcoins, Other Virtual Currencies
Central Bank of Nigeria (CBN), yesterday, banned banks from any transactions in virtual currencies, saying that the move was necessitated by money laundering and terrorism financing risks inherent in…
- 23 Oct 2020
CBN Out with Standard for Banks' Compliance Officers
Central Bank of Nigeria (CBN) has given a directive to merchant banks and regional banks to appoint chief compliance officers (CCC) on a grade not below an assistant general manager. It said this in…