Category : Search result: CBN regulation


Paystack Acquires Ladder MFB for Banking Licence

Paystack expands beyond payments by acquiring Ladder Microfinance Bank, securing a banking licence to offer deposits and loans. This strategic shift follows regulatory scrutiny and intensifies competition in Nigeria's fintech sector.

NBC Calls for Contributions to Review Broadcasting Code

The Nigerian Broadcasting Commission (NBC) invites stakeholders to submit ideas for updating the Broadcasting Code to address digital realities like streaming and social media. Submit your input by email or post.

Agbakoba Calls for Urgent Health Regulatory Overhaul

Senior Advocate Olisa Agbakoba demands an independent health authority and legislative reform to tackle medical negligence, citing systemic failures and recent tragic cases. Urgent action needed.

NBMA DG Appointment Sparks Constitution vs. Act Debate

Analysis of the legal debate surrounding the President's appointment of the NBMA DG. Dr. Kinsley Adeyomi examines constitutional powers versus the NBMA Act's technical mandate. Read the full breakdown.

Appeal Court Bars VIO from Stopping, Impounding Vehicles

A landmark Court of Appeal judgment has stripped the Vehicle Inspection Office (VIO) of powers to stop, impound vehicles, or impose fines. This ruling demands urgent reform to end harassment and uphold citizens' constitutional rights. #Nigeria #RuleOfLaw

Lagos to Regulate Informal Spaces Under New Plan

Lagos State Government announces decisive steps to regulate informal spaces like road setbacks and under-bridge areas. Commissioner Dr. Oluyinka Olumide outlines plan for safety and sustainable urban growth. Read more.

ARCON: Oyo State's Ad Vetting Directive is Unlawful

Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.

Senate Confirms New NMDPRA, NUPRC CEOs After Resignations

The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response

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.

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.

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.

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.

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