Nigerian banks like Access, UBA, GTB enforce new CBN cash withdrawal limits from Jan 1, 2026. Weekly limits set at N500k for individuals, N5m for corporates, with fees for excess. Details inside.
Billionaire Femi Otedola commends President Tinubu's economic reforms and CBN's Cardoso, disclosing First Bank has met the N500bn capital requirement. He urges raising the bar to N1 trillion.
FirstBank meets CBN's N500bn capital requirement. Billionaire investor Femi Otedola commends Tinubu and Cardoso's economic leadership, calls for raising bank capital to N1 trillion for a $1 trillion economy.
Nigerian banks have notified customers of a new N50 stamp duty on electronic transfers of N10,000 and above, effective January 1, 2026. The charge is payable by the sender. Learn the details and exemptions.
A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.
Aisha Isah Yelwa, a petty trader from Lapai, Niger State, displayed remarkable integrity by returning N330 million mistakenly sent to her First Bank account. Read her inspiring story.
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.
NDIC reaffirms strict adherence to fiscal regulations while seeking exemption from a 50% cost-to-income policy to build a robust fund for protecting depositors. Learn about the strategic talks with MOFI.
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
A detailed review of the Central Bank of Nigeria's pivotal 2025 reforms, from fee waivers and the FX Code to massive licence revocations, that transformed the Bureau de Change landscape for greater stability and transparency.
FirstBank CEO Olusegun Alebiosu unveils a 24/7 Digital Xperience Centre at UNIBEN, enhancing customer flexibility and financial inclusion without job losses. Discover the future of banking.
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
FirstBank, UBA, Stanbic IBTC, and Union Bank warn customers to be vigilant against scams targeting mobile apps and USSD banking. Protect your OTPs and PINs.
Nigerian banks and capital market firms will close physical branches for Christmas. Customers are advised to use mobile apps, USSD, and online platforms for uninterrupted services.
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
Retirees of defunct Nigerian Airways met with PTAD in Abuja, seeking inclusion on the federal pension payroll. PTAD's Tolulope Odunaiya acknowledged their plight but cited legal constraints. Read more on their decades-long struggle.
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
Nigerian banks will close branches early on Dec 24 & 31 and fully on Dec 25 & Jan 1. Customers advised to use ATMs, mobile apps, and USSD for transactions during the public holidays.
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
Discover five strategic methods to use your Visa card for rewards, security, and exclusive discounts during Nigeria's bustling December. Turn your holiday spending into lasting memories and smart savings.
PalmPay's Travel Carnival offers users a chance to share ₦400 million and win all-expense-paid trips to global cities. Former BBNaija stars Imisi and Kola are ambassadors. The promo runs till January 2026. Learn how to participate.
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.
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
First Bank of Nigeria appoints Prof. Kenneth Amaeshi as the first occupier of the Samuel Asabia Professorial Chair of Business Ethics at UNILAG, marking a major step for ethical leadership in Africa.
Discover the 5 key situations where a quick loan is a sensible financial tool in Nigeria, from medical emergencies to urgent repairs. Learn to borrow responsibly.
A Nigerian man mistakenly transferred N800,000 to a wrong account. Discover how OPay's swift action helped him recover his funds and see netizens' reactions.
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.