The Central Bank of Nigeria (CBN) has implemented new fees on weekly withdrawals exceeding specified limits. Effective January 1st, 2026, individuals and corporations will face a 3% fee […]
Central Bank Tightens Grip on Financial Fraud
The Central Bank of Nigeria (CBN) has implemented stricter measures to combat financial fraud. The bank has taken a more assertive stance, targeting individuals and businesses engaging in […]
CBN Declares Zuldal Microfinance Bank Illegal in Nigeria
The Central Bank of Nigeria (CBN) has officially designated Zuldal Microfinance Bank Limited as an unauthorized financial institution, citing a lack of licensing and regulatory compliance. Operating across […]
New CBN ATM Guidelines: 10 Key Rules for Secure and Efficient Transactions
The Central Bank of Nigeria (CBN) has released revised guidelines to reshape Automated Teller Machine (ATM) operations across the country, aiming to enhance security, promote efficiency, and standardize […]