The Bangladesh Bank has raised transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad ahead of Eid-ul-Fitr, a time when money flow in the economy typically increases.

Nagad’s administrator was attacked by miscreants yesterday, moments after an Anti-Corruption Commission team raided the digital financial services provider’s headquarters and left with preliminary evidence of corruption and money laundering amounting to Tk 2,300 crore.

They vandalised his vehicle, injured the driver in Dhaka’s Banani

Bangladesh Bank (BB) has filed a case against mobile financial service (MFS) provider Nagad, alleging fraud, embezzlement, and financial irregularities amounting to Tk 645 crore.

The central bank's payment system department filed the case with Motijheel Police Station

The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.

The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.

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In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.

The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise

Badiuzzaman Didar, the newly-appointed administrator of Nagad, has filed a general diary (GD) against Tanvir A Mishuk, the former managing director and CEO of the mobile financial service provider

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The agreement was signed at the Shangri-La Hotel in Beijing in presence of Prime Minister Sheikh Hasina on Tuesday.

Bangladesh Bank gave digital bank licence to Nagad today

User information of those seemingly having Nagad accounts was being found across several platforms, including Telegram bots, until last week, raising questions about personal data protection.

Three each from manufacturing, trading and services sectors

Mobile financial service provider Nagad has announced an increase in charges for cash-outs while introducing new fees for fund transfers. 

Nagad wants to establish a digital bank

State minister for ICT Division Zunaid Ahmed Palak has said that Nagad, a leading mobile financial service provider in Bangladesh, has grown into a billion-dollar company only in the first three years of its journey.