Category: Banking

Mobile bank transfers hit N19.4 trillion in 2022

The Nigeria Inter-Bank Settlement System has revealed that in 2022, Nigerian bank clients sent a...

Load ATMs with new naira, CBN orders banks

The Central Bank of Nigeria has ordered commercial banks across the country to comply with...

Why bank stocks dropped by N141bn – Analyst

Market experts and analyst have explained why the banking sector performance ended the year out...

PennyTree redesigns app to improve retail banking

Nigerian Fintech company, PennyTree, has redesigned its mobile app to provide retail banking services for...

Zenith Bank suspends international transactions on naira cards

Zenith Bank Plc. has suspended international transactions on naira cards.   The bank, in a...

How Nigeria’s BVN registration hit 56.5m in 2022

The Nigeria Inter-Bank Settlement System, have revealed that banks in Nigeria registered 4.8 million new...

Activate rural banking, CBN directs PSBs

  The Central Bank of Nigeria has instructed Payment Service Banks to target those who...

GTBank halts dollar transactions on naira Mastercards

  Guaranty Trust Bank has suspended all international transactions on its naira MasterCards. This was...

Buhari names BOI’s executive directors

The President, Major General Muhammadu Buhari (ret.) has given his approval for Mallam Shekarau Omar...

Afreximbank launches TRADAR Club to boost African trade

African Export-Import Bank has launched TRADAR Club, a member-driven network aimed at empowering international businesses...

Withdrawal limit: PoS agents not endangered by new policy, says CBN

The Central Bank of Nigeria has debunked claims that its new policy limiting cash withdrawals...

VIDEO: Nigerian banks dispense new naira notes

Commercial banks have started dispensing the newly redesigned naira notes to over-the-counter customers.   Channels...