4 results
- 7 Jul 2024
CBN in Court, Claims Binance Operated Illegally in Nigeria
Central Bank of Nigeria (CBN) has told the Federal High Court of Nigeria in Abuja, that Binance, crypto exchange performed banking services without proper authorization. Olubukola Akinwunmi, head of…
- 22 May 2025
CBN Introduces AML to Fight Financial Terrorism, Gives Banks Deadline
Central Bank of Nigeria (CBN) has directed all financial institutions to implement real-time transaction alert systems as part of enhanced anti-money laundering (AML) compliance. The directive was…
- 15 Jun 2025
CBN Suspends Dividend, Bonus Payments for Banks under Forbearance
Central Bank of Nigeria (CBN) has suspended dividend payments to shareholders and bonuses to directors and senior management staff of banks currently benefiting from regulatory forbearance.…
- 1 Apr 2026
CBN Says 33 Banks Raise Fresh N4.65 Trillion in Recapitalisation Exercise
Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. Over the 24-month period, Nigerian banks raised a total…