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CBN to review fintech licensing framework

The Central Bank of Nigeria has announced plans to conduct a review of its licensing framework for payment services. This would lead to the development of a new regulatory and compliance framework for the payment service sector, the apex bank hinted. The CBN Governor, Olayemi Cardoso, revealed this at the …

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EFCC Bows To Order, Produces Emefiele In Court

The Economic and Financial Crimes Commission (EFCC) has bowed to the order of the court by producing the former Governor of the Central Bank, Godwin Emefiele, in court for the hearing of his bail application Emefiele who has been in the custody of Security agencies for over 149 days, was …

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CBN seeks FUTA’s partnership on eNaira

The Central Bank of Nigeria on Monday sought the partnership of the Federal University of Technology, Akure, Ondo State, in adopting the newly introduced digital currency known as eNaira. The apex bank urged the university to adopt the new system for financial transactions within the varsity environment. Speaking during the …

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