In the news: CBN

Articles published about this entity.

TechCabal - Sep 03, 2024
Banks and fintechs remain wary of Crypto despite new licences
Nigeria's SEC has issued crypto licenses to Busha and Quidax. Banks and fintechs are still hesitant to engage in crypto-related activities.
CBNQuidaxBushaNigeriaSEC
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TechCabal - May 13, 2024
Profitable Paga doubles down on mobile app
Paga has processed over ₦14 trillion ($32 billion) worth of transactions since inception. The company grew gross profits north of 200% year-on-year.
PagaPoSCBNOpayNigeria
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Techpoint Africa - May 02, 2024
Moniepoint, Paga to block accounts of customers involved in crypto trading
Moniepoint and Paga notify customers of account blocks for facilitating crypto transactions CBN ordered some new banks, including Moniepoint, to stop onboarding new customers
PagaCBNCentral Bank of NigeriaNigeriaMoniepoint
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TechCabal - Apr 16, 2024
UBA to raise fresh capital through sale of 10.8 billion ordinary shares
UBA plans to raise fresh capital by selling 10.8 billion new ordinary shares. The bank will prioritize existing investors in the planned share sale.
Nigerian banking sectorCBNAccessFirst BankUnited Bank for Africa
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TechCabal - Dec 07, 2023
Nigerian fintechs rush to reassure users as misinformation spreads over regulatory clampdown
Nigerian fintechs such as OPay, PalmPay, and PiggyVest’s Pocket App each operate with a mobile money license. Paystack announced its partnership with Titan Trust Bank to offer virtual accounts and terminals allowing merchants to accept payments with bank transfers.
PaystackCBNNIBSSOPayPalmPay
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