Tag: #CBN

Articles

NCC, CBN Plan Universal Short Code for Banking Complaints

The Nigerian Communications Commission (NCC), in partnership with the Central Bank of Nigeria (CBN), has announced plans to introduce a universal short code for banking complaints. This collaborative effort aims to create a more accessible and efficient complaint resolution mechanism for all bank customers, irrespective of their internet connectivity. This forthcoming system is intended to […]

Banking

CBN Revokes Aso Savings, Union Homes Licences Over Capital Breaches

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing the need to strengthen the mortgage sub-sector and enforce strict compliance with regulatory requirements. Mortgage banks play a critical role in providing home loans and housing finance products, and are […]

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