banking regulations

CBN Mandates Banks and POS Operators to Complete Full Migration to ISO 20022 Payment Standard by October 31
The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem...

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Politics Today
2 weeks ago2 weeks ago

The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem complete their transition to the ISO 20022 payment messaging standard by October 31. This directive was issued through an official circular signed by Rakiya Yusuf, Director of the Payments System...

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Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy
Bank recapitalisation is key to fortifying Nigeria's financial backbone, paving the way for a robust banking sector that can support a trillion-dollar economy and fuel...

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Business Updates, Gossip, Lifestyle, News & Gossips
2 months ago2 months ago

In the dynamic landscape of global finance, the quest for robust and resilient banking systems is more critical than ever-especially for emerging economies poised on the brink of transformative growth. Nigeria, Africa’s largest economy, stands at such a crossroads, envisioning a future where it ascends to the coveted trillion-dollar mark. Central to this ambitious trajectory...

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