Here’s how they can help get the country off the grey list July 27, 2023/iiDENTIFii In January 2025, the global anti-money laundering watchdog, the Financial Action Task Force (FATF), will review its decision to greylist South Africa and interrogate the public and private sector measures to address its concerns. The […]
Money Market
CBN Communiqué No. 149 of the MPC Meeting Held July 24-25, 2023
July 26, 2023/CBN The Monetary Policy Committee (MPC) met on the 24th and 25th of July 2023, against the backdrop of continued uncertainties in the global and domestic economies. This included geo-political tensions, threats to globalization and the multilateral economic system. On the domestic front, output growth continued at a […]
CBN Direct Banks to Vacate “Post-No-Debit” Restrictions on 440 Customers Account
July 26, 2023/CBN In its latest regulatory step, the Central Bank of Nigeria (CBN) has instructed banks to vacate “Post-No-Debit” restriction placed on 440 accounts of customers. This covers individual and corporate accounts across the country. In a letter signed by the Director of Banking Supervision of CBN, the banks […]
