The total value of Point of Sale (POS) transactions in Nigeria surged to ₦223.27 trillion in 2024, more than doubling the ₦110.35 trillion recorded in 2023,...
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...
Effective immediately, customers can now withdraw up to N200,000 per day, regardless of whether they hold an account with Zenith Bank or another financial institution.
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...
The Central Bank Of Nigeria has imposed fresh cash withdrawal limits across all financial channels. The withdrawal which takes effect from January 9, 2023, will affect...
Amid the Russia-Ukraine crisis, Ukraine’s central bank has suspended digital money transfers and cash withdrawals. In a statement, the National Bank of Ukraine (NBU) also suspended...