Tag: The Central Bank of Nigeria (CBN)

General News

Nigeria Opens Second Sandbox Cohort

The Central Bank of Nigeria (CBN) has commenced the second cohort of its Regulatory Sandbox Programme, allowing financial technology start-ups, commercial banks and telecommunications companies to test new solutions under relaxed regulatory conditions before full deployment. Applications for the intake close at the end of the month. The cohort features two dedicated testing tracks covering […]

Business news

CBN Relaxes Dormant Account Rules with Removal of Affidavit Requirement

The Central Bank of Nigeria (CBN) has removed the requirement for customers to present affidavits when reactivating dormant bank accounts, a move aimed at simplifying the process of reclaiming inactive funds while maintaining safeguards against fraud. In a circular issued to banks and other financial institutions, the apex bank said the decision followed representations from […]

Business news

CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalisation of Alpha Morgan Bank, marking an important milestone in the bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution. This affirmation reflects the bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to […]

About Us

ICTBusinessWeek is an online technology and business publication of BUZWEEK Communications Ltd.

Email Us: info@ictbusinessweek.ng

ICT Business Week  @2025. All Rights Reserved.