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Know Your Customer

Nigeria’s Central Bank Sets N50,000 Daily Limit for Contactless Payments

CALABAR, Nigeria - The Central Bank of Nigeria, CBN, has established a N15,000 limit for contactless payments, with a daily cumulative limit not exceeding...

The CBN’s New Social Media Data Requirement: A Deep Dive into the Implications [MUST READ]

The Central Bank of Nigeria, CBN, has recently updated its Customer Due Diligence Regulations, making it compulsory for financial institutions to include customers' social...

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