By Kayode Sanni-Arewa The Central Bank of Nigeria (CBN) has warned that it will deal with banks that force customers to withdraw less than N20,000 per...
By Kayode Sanni-Arewa Guaranty Trust Bank Ltd has announced removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses. This initiative,...
The Association of Mobile Money and Bank Agents in Nigeria, AMMBAN, has warned that its members might be forced to raise service charges due to the...
By Francesca Hangeior The National Association of Telecoms Subscribers (NATCOMS) says it will sue the Nigerian Communications Commission (NCC) over the 50 percent tariff hike. On...
The Registrar General of the Corporate Affairs Commission, Hussaini Ishaq Magaji has revealed that only 100,000 Point of Sale (POS) operators have officially registered their businesses...
Ex-governor of Anambra State and presidential candidate of the Labour Party, LP, in the 2023 general election, Mr Peter Obi has protested the level of hardship...
NINE Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller Machines (ATMs) during the Yuletide. The...
Eyewitnesses claimed that the youths were forced at gunpoint to transfer money from their bank accounts to designated POS account numbers. A disturbing incident has been...
The Central Bank of Nigeria (CBN) has introduced a daily withdrawal bar of ₦100,000 for customers using point-of-sale (PoS) terminals, as part of a broader set...
The Police in the Federal Capital Territory (FCT) Command says it has arrested three suspects linked to criminal activities in the densely populated areas of Abuja....
…direct FCT minister to ensure operation of Abuja Urban Mass Transit By Gloria Ikibah The House of Representatives has urged the Inspector General of Police and...
The federal government has commenced selling milled rice to staff of various media organisations in Kaduna at subsidised rate of N40,000 per 50kg bag. The exercise,...
The Central Bank of Nigeria, CBN, has said that Nigeria remains in a financial and economic crisis. CBN Governor Yemi Cardoso made this statement at the...
Operators of Point-of-Sale terminals raised their charges on Monday in line with the implementation of the Electronic Money Transfer Levy of N50 by the Federal Inland...
…levy On Every N10,000 Transfer Despite hunger in Nigeria, the Federal Inland Revenue Service (FIRS) has directed all banks in Nigeria to enforce a mandatory N50...
…levy On Every N10,000 Transfer Despite hunger in Nigeria, the Federal Inland Revenue Service (FIRS) has directed all banks in Nigeria to enforce a mandatory N50...
By Francesca Hangeior The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments...