Tag Archives: cbn

CBN issues framework for Regulatory Sandbox Operations in Nigeria

Ths Central Bank of Nigeria has taken proactive steps towards ensuring more flexible ways of engaging with operators in the payment solutions/fintech space,…
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Update On Globasure’s Revoked PTSP Licensees By CBN

The Central Bank of Nigeria (CBN) has revoked the operating licenses of Seven (7) Payment Services Providers. This was contained in an official…
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Details of CBN’s new intervention schemes for non-interest financial institutions

The Central Bank of Nigeria (CBN) has recently launched a total of eleven intervention schemes aimed at increasing access to finance by non-interest…
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CBN Bans the Importation of Maize

CBN Bans the Importation of Maize

The Central Bank of Nigeria (CBN) has directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into…
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CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

The Central Bank of Nigeria (CBN) has announced the disbursement of over N49 billion out of N50 billion targeted facilities for households and…
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Central Bank of Nigeria cashless policy

The Central Bank of Nigeria (CBN) developed the cashless policy in 2012, which required a daily total limit of N500,000 and N3,000,000 on…
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Stamp Duty In Nigeria: All You Need to Know About POS N50 Stamp Duties Charges

Stamp duty is a tax on an instrument. It is one of the types of taxes and is managed by the commissioner of stamp duties…
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FCMB: Ways to Submit BVN

According to FCMB, there are three ways their customers can update their BVNs. 1). Submit your BVN on FCMBOnline: If you have already…
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PoS Transactions Value Hits N27bn In 2 years

 It seems the cashless policy introduced by the CBN is finally paying off. According to records recently released by the CBN,  the value…
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Globasure Technologies rolls its payment application on 14,000 Ingenico Terminals

Globasure Technologies, a financial technology company, which deploys secure payment solutions, is rolling out its payment application on 14,000 Ingenico Terminals purchased by…
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