Tag: CBN

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CBN Warns Financial Institutions of Repercussions for Illegal Forex Transactions, Nigeria

The Central Bank of Nigeria (CBN) warns financial institutions of repercussions for illegal forex transactions. Strict measures implemented to curtail illicit remittances and foster economic growth.

Nigeria’s Central Bank Assures Stability and Financial Inclusion, Unveils Innovative Policies for Sustainable Growth

Nigeria's Central Bank reaffirms commitment to stability & financial inclusion, driving economic growth, providing tools & services for businesses. Learn more at {{openai:title}}.

CBN Threatens Sanctions on Super Agents Over PoS Operators’ Activities, Nigeria

The Central Bank of Nigeria warns Super Agents of potential sanctions if PoS operators violate licensing guidelines. Regulatory measures ensure fair practices in the PoS industry.

Hajj Airlift Reaches Zooming Speed Amidst Fireworks Spectacle

The 2023 Hajj airlift of Nigerian pilgrims faces some challenges, but it's moving at a fast pace. Over 49,246 pilgrims have been transported so far. Success depends on the roles of all stakeholders involved.

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Hajj Airlift Reaches Zooming Speed Amidst Fireworks Spectacle

The 2023 Hajj airlift of Nigerian pilgrims faces some challenges, but it's moving at a fast pace. Over 49,246 pilgrims have been transported so far. Success depends on the roles of all stakeholders involved.

45,000 Nigerian Muslims likely to miss out on Hajj due to visa complications

Around 45,000 Nigerian Muslims face visa problems and might miss the annual Hajj pilgrimage due to payment-related issues, according to local media. The National Hajj Commission of Nigeria (NAHCON) failed to remit the hajj fares to the Central Bank of Nigeria, resulting in state pilgrim officials and tour operators being unable to pay for accommodation, feeding, transport, and tents. CBN's scrutiny of NAHCON's transactions due to the hajj commission's ongoing transition is causing delays.

Nigeria’s Central Bank Assures Stability and Financial Inclusion, Unveils Innovative Policies for Sustainable Growth

Nigeria's Central Bank reaffirms commitment to stability & financial inclusion, driving economic growth, providing tools & services for businesses. Learn more at {{openai:title}}.

CBN Threatens Sanctions on Super Agents Over PoS Operators’ Activities, Nigeria

The Central Bank of Nigeria warns Super Agents of potential sanctions if PoS operators violate licensing guidelines. Regulatory measures ensure fair practices in the PoS industry.

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