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Policy

 

Circulars, guidelines, gazettes, enforcement and consultations across Africa and other leading markets and jurisdictions. We read the instrument rather than just the press release, and we publish what changes for you.

CBN fines FCMB, Fidelity Bank, and Wema Bank N514 million ($857,000) over cryptocurrency transactions.

.elementor-20267 .elementor-element.elementor-element-25eba15e{-ms-flex-pack:inherit;-webkit-justify-content:inherit;justify-content:inherit;}.elementor-20267 .elementor-element.elementor-element-504bdbaf{font-family:"Roboto", Sans-serif;font-size:16px;font-weight:400;letter-spacing:1.5px;color:#161616;} The Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc, and Wema Bank N514 million because they contravened the CBN circular…