Browsing Tag
CBN
6 posts
CBN to Crack Down on Crypto Fraud After Tinubu’s Order
President Bola Tinubu has signed a new executive order aimed at tightening control over Nigeria’s virtual assets sector,…
IMF Raises Alarm Over Nigeria’s $59bn Stablecoin Surge and Digital Dollarisation Threat to Naira
The International Monetary Fund has issued a stark warning over Nigeria’s explosive growth in stablecoin adoption, cautioning that…
CBN Orders Banks and Fintechs to Store Nigerian Payment Data Locally by January 2027
Nigeria’s financial sector is preparing for one of its most significant regulatory changes in recent years. The Central…
Why Nigeria’s Central Bank Mentioned Stablecoins 68 Times in Its New Payments Blueprint
Not long ago, Nigeria’s Central Bank wanted nothing to do with cryptocurrency. In February 2021, the Central Bank…
The Story Behind Nigeria’s PoS Radius Shift: Why the CBN Just Made a Crucial Concession to Payment Companies
When the Central Bank of Nigeria announced changes to its PoS geo-fencing policy on May 29, 2026, it…
CBN to waive transfer fees for small transactions to encourage cashless payments
The Central Bank of Nigeria (CBN) is set to waive fees on transactions below ₦5,000 ($3.68) and reduce…