April 9, 2022/DLM Group Prominent Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) for its acquisition of Links Microfinance Bank. This approval will further solidify the Group’s much awaited Digital Banking entrance and launch. This development transitions the DIB as one […]
Money Market
FSRCC Alerts on Illegal Financial Operators in Nigeria
April 5, 2022/CBN The FSRCC wishes to draw the attention of the general public to the worrisome increase in the activities of the Illegal Financial Operators (IFOs) which portends grave risk to public confidence and the stability of the Nigerian Financial System. The FSRCC in its continuing efforts to end […]
CBN Says Banks will Pay Penalty of 400% Value of Decomposed Naira Notes Discovered in Deposit
April 5, 2022/CBN The Management of the Central Bank of Nigeria (CBN) observed with concern the increase number of Composed Banknotes deposited by Deposit Money Banks (DMBs) and request for replacement of such banknotes by members of the public. The existence of Composed Banknotes in the economy falsifies the true […]

