Three banks fined N800m by CBN over crypto transactions

Central Bank of Nigeria (CBN) has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. Going by a Bloomberg report released on Wednesday, the three banks are Access Bank Plc, Stanbic IBTC, and the United Bank for Africa Plc. The report noted that […]

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MacArthur Foundation grants N800m to NGOs working on FCT original inhabitants

An international human development organisation, MacArthur Foundation has awarded N800 million grant to 11 human rights groups working on issues concerning the original inhabitants of the Federal Capital Territory in Abuja. But the Resource Centre for Human Rights and Civic Education has awarded its N80 million to Mairo Women Foundation Ushafa for the promotion of […]

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