Tag: CBN

CBN Introduces 24-Hour N20,000 Cap on New Mobile App Activations

The Central Bank of Nigeria has introduced a temporary N20,000 transaction limit…

Destiny Young

CBN Limits Mobile Banking Apps to One Device

CBN has moved to tighten mobile banking security in Nigeria with a…

CBN’s BVN Rule Tightens a Critical Weak Point in Nigeria’s Fraud Fight

CBN’s new BVN rule closes a key identity control gap in Nigeria’s…

CBN Limits BVN Phone Number Changes to One, Sets May 1 Start Date

CBN has introduced new BVN rules that limit phone number changes to…

BREAKING: CBN Restricts Fresh Credit for Loan Defaulters

CBN has directed banks to deny fresh credit to major loan defaulters.…

CBN Recapitalisation Deadline Nears as Nigerian Banks Pull Ahead

Nigeria’s banks are racing to meet the CBN recapitalisation deadline. Here is…

Destiny Young