CBN slams N20m fine on super agents over unapproved ownership changes

Hallmarknews | 08-10-2025 08:25pm |

The Central Bank of Nigeria (CBN) has tightened regulatory control over the country’s fast-growing agent banking sector, imposing steep penalties on super agents, financial institutions, and other licensed entities that alter their ownership structure without prior approval from the apex bank. In its Guidelines for the Operations of Agent Banking in Nigeria, released in October

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