Tag: Central Bank of Nigeria

• SIYABONGA SOKHELA
• 0

CBN warns financial holding companies to maintain controlling interest in subsidiaries or face license revocation. New 2026 guidelines tighten oversight, raise capital requirements, and restrict dividends.

• SIYABONGA SOKHELA
• 13

Central Bank of Nigeria mandates $1 million capital for transfer firms, approves 14 new operators. Aimed at doubling formal remittances and stabilizing exchange rates in 2024.