The Central Bank of Nigeria has introduced a new regulatory standard requiring banks and card issuers to deploy at least one Automated Teller Machine (ATM) for...
Leading Nigerian banks, United Bank for Africa (UBA) and First City Monument Bank (FCMB), have notified their customers of new ATM withdrawal charges set to take...
The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to direct the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi...
Deposit Money Banks engaging in illegal sales of mint naira notes to money hawkers for profits may need to desist from this illegal operation or risk...
According to recent data from the Nigeria Interbank Settlement System (NIBSS), the value of E-payment transactions in Nigeria fell to N37.67 trillion in February 2023, a...
Residents of Kaduna State, Nigeria, are turning to petrol filling stations for help in their desperate search for cash to meet their urgent needs, according to...
Since last week, the long queues at banks’ Automated Teller Machines (ATMs) have increased as Nigerians lament scarcity of the redesigned naira notes. Despite the announcement...
A fresh displeasure of anger by bank customers has hit the Central Bank of Nigeria (CBN) over its newly reviewed cash withdrawal limit policy. This came...