Banks
CBN Says 16 Nigerian Banks Have Met Recapitalisation Target Ahead of 2026 Deadline
The Central Bank of Nigeria (CBN) says 16 commercial banks have now…
CBN Orders Banks to Refund Failed ATM Transactions Within 48 Hours
The Central Bank of Nigeria (CBN) has directed commercial banks and financial…
Nigerians Can Now Shop Globally Again Using Naira Debit Cards as Banks Resume Foreign Transactions
Two major Nigerian banks, United Bank for Africa (UBA) and Wema Bank,…
CBN Issues Stern Warning on Sanctions Compliance, Threatens Enforcement
The Central Bank of Nigeria (CBN) has delivered a firm directive to…
Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge
A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast…
CBN Fines Nine Banks N1.35bn for Failing to Ensure ATM Cash Availability During Festive Season
The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion…
Observe due diligence in processing FX transactions, CBN tells banks
The Central Bank of Nigeria (CBN) has called on all banks to…
Banks refunded over N89.2bn to customers in June – CBN
The Governor of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on…