CBN policy pushing banks to adopt cross-border expansion

CBN policy pushing banks to adopt cross-border expansion

The policy of the Central Bank of Nigeria, CBN is pushing other commercial banks to adopt cross-border expansion.Information Guide Nigeria According to ICIR, Nigerian banks will adopt cross-border expansion in the face of tight regulation, over-concentrated risk, and the desire to stay afloat, financial experts reveal. Other Top Stories: Suspend census until you resettle IDPs, … Read more

CBN Advises Nigerians on ‘Staff Recruitment Exercise

CBN Advises Nigerians on ‘Staff Recruitment Exercise

The Central Bank of Nigeria (CBN) has issued a warning about a fake recruitment portal making rounds on social media.Information Guide Nigeria According to LEGIT.NG, in a statement released by the bank and signed by Dr. Isa AbdulMumin, CBN Acting Director, of Corporate Communications, the bank claims that the CBN is recruiting, but the bank … Read more

CBN Announces New Cash Withdrawal Limits

The Central Bank of Nigeria (CBN) has announced new cash withdrawal limits on individuals and organisations. which will become effective on January 9, 2023.Information Guide Nigeria According to PUNCH, the memo showed, individuals, will be limited to N100,000 per week in withdrawals (through over-the-counter, point-of-sale, or automated teller machines), while businesses will be limited to … Read more