CBN issues directives to banks, PSPs on storage, management of payment…
The Central Bank of Nigeria (CBN) has directed banks and payment service providers (PSPs) to store and manage payment transaction…
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Banks
Open defecation: Lagos rolls out 1,710 toilets statewide, urges banks,…
The Lagos State Government says it has deployed 1,710 public toilets across the state as part of efforts to curb open defecation.…
Recapitalisation: 33 banks meet deadline, secure N4.65tn – CBN
The Central Bank of Nigeria on Wednesday announced that 33 banks have met the new minimum capital requirements under its…
Banks attract N4.61tn capital boost under CBN recapitalisation drive
Nigerian banks raised a total of N4.61tn in fresh capital under the Central Bank of Nigeria’s recapitalisation programme,…
CBN directs banks to accept expired NAFDAC licences for imports till…
The Central Bank of Nigeria (CBN) has approved a two-month temporary dispensation allowing authorised dealer banks (ADBs) to…
How we’ll recover unpaid taxes in Lagos – LIRS
The Lagos State Internal Revenue Service has declared its intention to apply its legal authority to recover outstanding taxes from…
‘Takes effect from January,’ Banks to start charging senders…
Nigerian banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026,…
Customs to sanction banks over delayed revenue remittance
The Nigeria Customs Service has begun imposing penalties on designated banks that delay remitting Customs revenue, as part of…
CBN directs banks, other financial institutions to withdraw non-compliant…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks (PSB), and other financial institutions (OFI) to…
‘To prevent restrictions,’ banks give customers deadline to…
Commercial banks have asked customers to link their accounts to their national identification numbers (NINs) or tax identification…