CBN
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BUSINESS
CBN Raises ATM Card Fee to ₦1,500, Scraps Monthly Charges in Surprise 2026 Banking Shake-Up
ABUJA NIGERIA— Nigeria’s banking landscape is set for a major shift as the Central Bank of Nigeria (CBN) introduces fresh…
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BUSINESS
POS Operators Revolt Against CBN’s One-Terminal Rule Over Business Fears
*LAGOS* — Tension is brewing in Nigeria’s fast-growing POS business as operators push back against a new regulation from the…
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BUSINESS
CBN Tightens Grip on Mobile Banking: N20,000 Cap for New Mobile Apps
The Central Bank of Nigeria (CBN) has introduced a new security measure, limiting transactions on newly activated mobile banking apps…
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BUSINESS
30 Banks Meet CBN’s Recapitalisation Deadline
Thirty banks have met the new capital requirements set by the Central Bank of Nigeria (CBN) as the March 31…
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BUSINESS
CBN Warning: Money Bouquet Trend Could Violate Naira Abuse Law
Valentine’s Day is just around the corner, and people online are talking about something other than roses and chocolates: bouquets…
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BUSINESS
21 banks that have met the new CBN capital rules
Nigerian banks are working hard to meet the central bank’s new capital needs. This change should make banks stronger and…
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