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CBN spells new deadline for Banks,Fintech on automated AML systems

CBN spells new deadline for Banks,Fintech on automated AML systems     Banks, mobile money operators, international money transfer operators and other...

7.5% VAT: Customers cry out, want CBN to caution banks over exploitations

VAT Many bank customers have frowned at the 7.5 per cent Value Added Tax(VAT) on selected electronic banking services, saying taxes are becoming too much for citizens....

10 mobile banking threats to watch out for in 2026

      As Nigeria’s youth-driven digital economy increases, mobile banking has become the backbone of daily transactions ranging from paying bills to...

Banks caution Customers against using public Wifi for transactions sas its dangerous

  Digital symbol of wireless network WiFi     Banks across the country have raised fresh warnings to customers over the rising risk of digital fraud...

CBN scraps free withdrawal from other banks’ ATMs

  Caption: Automated Teller Machine, ATM ATM The Central Bank of Nigeria has scrapped free withdrawals by customers using the Automated Teller Machines of other...

Migration:Banks face Service disruptons

..customers groan as Failure delivery and incomplete transactions on banking networks become rampant Caption:Yeni Cardoso,CBN Governor Nigerian banks are bracing for...

CBN sells $543m to banks to check market volatility

  Caption:CBN Governor, Yemi Cardoso     The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6...

Fraud: Bank chiefs for trial — EFCC Chairman

  Caption: •EFCC Chairman Olukoyede   The Economic and Financial Crimes Commission (EFCC), says it will soon commence the prosecution of banks and their top...

CBN guidelines: Customers throng banks to re-activate dormant accounts

Photo Caption:CBN Governor,Yeni Cardoso Bank customers have thronged their banks to reactivate their dormant accounts in line with the Central Bank of Nigeria (CBN)...

CBN Raises Interest Rate To 26.75%

    The Monetary Policy Committee of the Central Bank of Nigeria,CBN, has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary...