Lai Mohammed: Why Twitter Ban Was My Toughest Decision
Former Minister Lai Mohammed opens up on the difficult 2021 suspension of Twitter, citing national security. Read the full story behind the controversial decision.
Category : Search result: Agent banking regulation
Tinubu meets oil regulator chief after Dangote's allegations
President Tinubu held a private meeting with NMDPRA CEO Farouk Ahmed following explosive allegations by Aliko Dangote of corruption and economic sabotage in Nigeria's oil sector.
New Gaming Law Signed in Enugu, Takes Effect 2026
Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Banks Rush to Raise N4.14trn for CBN Recapitalisation
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Zenith Bank Wins Tech Trailblazer Award at Nexus 2025
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
Police Resume Tinted Glass Enforcement Jan 2, 2026
The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.
Ibadan man rejects N800k room after paying agent N20k fee
An Ibadan man paid a house agent N20,000 to find an apartment, only to be shown a tiny room for N800k per year. He shared the shocking video online, sparking outrage. See the reactions.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
CAC Gives PoS Operators New Registration Deadline
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
EU fines Elon Musk's X €120m for DSA rule breaches
The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.
EU fines X €120M over DSA violations, risks US clash
The European Union imposes a €120 million fine on X for breaching digital transparency rules, testing its resolve against Big Tech and risking tensions with the Trump administration. Read more.
TikTok to Block Under-16s in Australia from Dec 10
TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
EU Investigates Meta Over WhatsApp AI Competition
The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.
CIBN Launches Ethics Summit on International Day of Banks
The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.
CIBN marks 2025 International Day of Banks
The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Georgia Probes BBC Report on Chemical Agent at Protests
Georgia launches inquiry into BBC report alleging use of a WWI-era chemical weapon on anti-government protesters. Get the full details on the investigation and political fallout.
Legal Experts Push for Stronger African Privacy Laws
At the 7th Privacy Symposium Africa in Lagos, experts called for robust data protection laws, enforcement, and ethical tech to safeguard vulnerable groups, especially children, in the digital age.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
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