Browsing: Banking

Banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026,…

The Central Bank of Nigeria (CBN) has issued an order requiring all financial institutions, acquirers, and payment service providers to…

The Corporate Affairs Commission, CAC, announced that unregistered point of sale, PoS, operators will be terminated starting January 1, 2026.…

The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels to N500,000 weekly for individuals and…

The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have formed a partnership to strengthen…

The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding to strengthen bilateral…

The Governor of the Central Bank, Mr. Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary…

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks and other financial institutions to refund customers for failed…

The Central Bank of Nigeria (CBN) has released new operational guidelines for agent banking, introducing stricter compliance measures, transaction limits…

Fourteen Nigerian banks have successfully met the Central Bank of Nigeria’s (CBN) new capital requirement, Governor Olayemi Cardoso confirmed on…