Banking & Finance
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169CBN Orders PoS Terminal Providers to Connect System to NIBSS, UPSL
The Central Bank of Nigeria (CBN) has directed all acquirers, processors, and Payment Terminal Service Providers (PTSPs) to implement mandatory dual connectivity...
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257
Banks Strengthen Capital Base as CBN Tightens Controls
The Central Bank Governor, Olayemi Cardoso, says the apex bank continues to stay alert to emerging risks such as cyber threats, credit-concentration...
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180CBN Delists Non-Compliant BDCs
The Central Bank of Nigeria has announced that all legacy Bureau De Change operators who failed to meet its new licensing requirements...
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182FIRS Seeks Stronger Security Collaboration Ahead of New Revenue Law
The Federal Inland Revenue Service (FIRS) has called for deeper collaboration with security agencies to strengthen tax enforcement and protect national revenue...
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135Cash Inflows to Banks Hit ₦5.11tr in November
Nigeria’s banking system recorded a significant cash surge in November, with total inflows reaching N5.11 trillion, driven by a combination of large...
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114CBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
