cbn directive
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Nigeria CBN Directive: Nigerians React to End of 0.5% Cybersecurity Charges on Transactions
CBN directs banks to cease imposing 0.5% cybersecurity charges on electronic transactions, reshaping Nigeria's digital banking landscape. Explore the legislative framework, implications for financial institutions, and impact on customers. The Central Bank of Nigeria (CBN) has issued a... -
Nigeria Easy Steps to Compliance: How to Link NIN and BVN to Your Bank Account
In response to the recent directive from the Central Bank of Nigeria (CBN), bank customers across the nation are required to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their accounts. The CBN circular, issued on December 1st, 2023, highlights the...
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