banks

Millions of Nigerians may face disruptions in mobile banking services from today, as banks scramble to meet the January 27, 2025, deadline to settle debts owed to telecommunications companies for Unstructured Supplementary Service Data (USSD)...

Banks in Nigeria have begun implementing a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale (PoS) terminals following a directive from the Central Bank of Nigeria (CBN).The CBN directive, issued...

FINANCIAL analysts have urged the Central Bank of Nigeria (CBN) to leverage technology and Bank Verification Numbers (BVNs) to address delays in verifying banks’ capital raise offers, ensuring a more efficient process. This call comes...