Nigeria new bvn policy
The Central Bank of Nigeria has implemented a one-time phone number change policy to combat fraud and enhance security in banking. This new rule aims to improve customer verification processes.
CBN Union Bank: Court Ruling Restores Former Board
A Federal High Court ruling has restored the former board of Union Bank, reversing the Central Bank of Nigeria's actions that dissolved it.
CBN Dormant Accounts Regulations Update
The Central Bank of Nigeria has updated its regulations regarding dormant accounts, easing the process for customers seeking reactivation.
Understanding BOI and CBN’s Role in Non-Interest Banking
Introduction Non-interest banking is gaining traction as a viable alternative to conventional banking in Nigeria. With the increasing demand for ethical and inclusive financial solutions, the Bank of Industry (BOI)…