Category : Search result: Nigerian banks withdrawal limits


Analyst supports Tinubu's police withdrawal from VIPs

Political analyst Omotayo Yusuf condemns senators opposing President Tinubu's order to withdraw police from VIPs, stating they are 'aloof' from Nigeria's insecurity crisis. Read the full exclusive interview.

Banks to Charge N50 Stamp Duty from Jan 1, 2026

Nigerian banks will implement a N50 stamp duty levy on electronic transfers of N10,000 and above starting January 1, 2026. Learn what's changing and which transactions are exempt.

N50 Stamp Duty on Bank Transfers Starts 2026

From January 1, 2026, Nigerian banks will charge senders a N50 stamp duty on electronic transfers of N10,000 and above. Learn about the new levy and other CBN-approved charges.

How Nigerians Demonstrate Respect in Daily Life

Explore the intricate cultural protocols of Nigerian respect, from elaborate greetings and honorifics to body language and hospitality. Learn the unspoken rules that govern social cohesion.

Nigerian Diaspora: Top Destinations Revealed

Discover which countries host the largest Nigerian populations abroad. We break down the data on UK, US, and Canada, revealing surprising migration shifts and key diaspora hubs.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

EFCC Warns Banks: Delays Stall Investigations

EFCC Chairman Ola Olukoyede warns banks' compliance officers that slow information release is hampering anti-corruption probes. He insists on full cooperation to safeguard Nigeria's financial system. Read more.

Northern Group Ends Support for Tinubu, APC

Tinubu Vanguard, a key northern support group, has withdrawn its backing for President Bola Tinubu and suspended APC activities, citing neglect despite 2023 election efforts. The group vows to seek a platform committed to dignity and development.

Must-Read Nigerian Books Released in 2025

Explore the best Nigerian books of 2025, featuring powerful stories on migration, family, and ambition. Discover your next great read or perfect gift before the year ends.

House of Reps Increases Campaign Spending Limits

Nigeria's House of Representatives has approved higher campaign spending limits for all elective offices, with the presidential ceiling doubled to N10 billion. Read the full details and implications for the 2027 elections.

Reps Raise Campaign Spending Limits for 2027 Polls

The House of Representatives has approved new, higher campaign spending limits for all elective offices ahead of the 2027 general elections. Find out the new ceilings for presidential, governorship, and other candidates.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

How Nigerians Say "I Love You" Across Cultures

Explore the rich tapestry of love expressions in Nigeria, from "Mo nife re" in Yoruba to symbolic gifts and financial support. Discover how actions often speak louder than words.

CBN Withdraws Licenses of Two Mortgage Banks

The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.

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