6 h. ago ACAMB dismisses unfounded claims on banks’ recapitalisation status

Says no bank is shutting down THE Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has dismissed as false and misleading a viral Instagram video claiming that 12 Nigerian banks would be shut down by the Central Bank of Nigeria (CBN) by March 2026. In a statement, ACAMB said the video—posted by one […]

Politics

6 h. ago CBN: Building a sound, resilient banking sector as recapitalisation gains momentum

Nigeria’s banking system is navigating one of the most defining moments in its modern history. Amid macroeconomic headwinds and far-reaching reforms, the Central Bank of Nigeria (CBN) says the sector remains fundamentally stable, sound, and resilient—even as banks race to meet new capital requirements that are reshaping the industry. At the heart of this transformation […]

Politics

7 h. ago Why Nigeria’s banking giants are buying more shares to secure power, profits

Nigeria’s biggest banks are in the middle of an intense race to raise capital, but this time the strongest signals are not coming from foreign investors or pension funds. Instead, they are coming from the top floors of bank headquarters. Across Tier-1 banks, senior executives and influential insiders are using personal and corporate funds to […]

Economics

22 h. ago Citizens’ trust, intelligence sharing key to ending attacks on security operatives — FG

He stressed that security was a shared responsibility, noting that no single agency could address the challenge alone...

Politics

26 h. ago CBN: Activating payment system modernisation for innovation, financial system stability

The Central Bank of Nigeria (CBN) under its Governor, Olayemi Cardoso recently extended the Payment System Vision roadmap to 2028, read more CBN: Activating payment system modernisation for innovation, financial system stability

Politics

27 h. ago Lagos, FirstBank, Guinness, The Address Homes, Swedish Govt, others lead 9th AFRIMA sponsorship line

The Lagos State Government, First Bank of Nigeria, Guinness Nigeria, The Address Homes, the Government of Sweden, Gobet247 and several read more Lagos, FirstBank, Guinness, The Address Homes, Swedish Govt, others lead 9th AFRIMA sponsorship line-up

Politics

32 h. ago Secure Foreign Card Transactions Nationwide, CBN Mandates Banks

The Central Bank of Nigeria (CBN) has instructed deposit money banks and non-bank acquirers to introduce multi-factor authentication for foreign-issued card transactions that exceed $200 daily. The directive was contained in a circular dated December 18 and signed by Rita Sike, director of the financial policy and regulation department. The apex bank also extended the […]

Politics

39 h. ago CBN Directs Banks To Configure ATMs, POS Terminals For Foreign Card Transactions

In a bid to ensure uninterrupted and efficient transactions for users of foreign-issued payment cards across Nigeria, the Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to configure all automated teller machines (ATMs), POS, and virtual terminals to accept international cards with Nigerian acquirers, comply fully with card association standards, and possess […] The post CBN Directs Banks To Configure ATMs, POS Terminals For Foreign Card Transactions appeared first on Information Nigeria.

Politics

45 h. ago CBN mandates banks to secure foreign card transactions nationwide

The Central Bank of Nigeria (CBN) has instructed deposit money banks and non-bank acquirers to introduce multi-factor authentication for foreign-issued read more CBN mandates banks to secure foreign card transactions nationwide

Politics

45 h. ago ICYMI: CBN orders banks, financial institutions to allow uninterrupted ATM, POS services for foreign cards

The Central Bank of Nigeria (CBN) has issued a fresh directive to banks and other financial institutions aimed at easing read more ICYMI: CBN orders banks, financial institutions to allow uninterrupted ATM, POS services for foreign cards

Politics

49 h. ago World Bank Approves $500m To Expand Finance For MSMEs In Nigeria

Nigeria’s micro, small, and medium enterprises form the backbone of the economy—accounting for most businesses, nearly half of GDP, and a large share of jobs—yet they face longstanding barriers to formal finance. The post World Bank Approves $500m To Expand Finance For MSMEs In Nigeria appeared first on Channels Television.

Politics

53 h. ago CBN moves to ease foreign card usage for tourists, returning Nigerians

orders banks, financial institutions on uninterrupted ATM, POS services for foreign cards The Central Bank of Nigeria (CBN) has issued read more CBN moves to ease foreign card usage for tourists, returning Nigerians

Politics

69 h. ago Tinubu presents 2026 budget, proposes N5.41tn allocation for security

President Tinubu presents Nigeria’s 2026 budget of N58.18tn, allocating the largest share of N5.41tn to security to combat terrorism and banditry. Read More: https://punchng.com/tinubu-presents-2026-budget-proposes-n5-41tn-allocation-for-security/

Politics

3 d. ago Huawei highlights Nigeria’s economic resilience, digital Future at FSI gala

Huawei Technologies, on Friday, December 12, hosted its Financial Services Industry (FSI) Gala Night in Nigeria, bringing together banking leaders, read more Huawei highlights Nigeria’s economic resilience, digital Future at FSI gala

Politics

3 d. ago UBA partners CIG Motors, LagRide to roll out $100m car loans

In a move set to redefine urban mobility and promote financial inclusion in Nigeria, United Bank for Africa (UBA) PLC read more UBA partners CIG Motors, LagRide to roll out $100m car loans

Transport

4 d. ago Small, Medium Enterprises Agency Targets Microfinance Bank Launch, Cheaper Funding

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has disclosed plans to establish a dedicated Microfinance Bank in 2026 as part of a broader strategy to expand access to affordable finance for micro, small and medium enterprises (MSMEs) across the country. The SMEDAN director-general, Charles Odii, disclosed this during a media briefing in […]

Politics

5 d. ago N5.2trn debt: Reps issue deadline for reconciliation of CBN accounts

The House of Representatives Committee on Public Accounts has set 19th January 2026 as the deadline for the Central Bank of Nigeria (CBN) to conclude its ongoing reconciliation with the Federal Ministry of Finance and the Fiscal Responsibility Commission (FRC) over alleged unremitted revenues worth N50.2 trillion into the Federation Account.

Politics

5 d. ago International Energy Insurance to meet shareholders over N17.5bn capital raise

International Energy Insurance Plc (IEI) will at the end of this month meet with its shareholders to secure approval that read more International Energy Insurance to meet shareholders over N17.5bn capital raise

Politics

6 d. ago Union Bank repositions brand around resilience with ‘Endless Possibilities’ campaign

Union Bank of Nigeria has rolled out a new brand campaign as it seeks to reinforce relevance and deepen customer read more Union Bank repositions brand around resilience with ‘Endless Possibilities’ campaign

Politics

6 d. ago France tax pact: Banker urges prudence, strong data protection

A banker cautions Nigeria to implement its new tax pact with France carefully, stressing the need to protect data sovereignty and strengthen internal tax s Read More: https://punchng.com/france-tax-pact-banker-urges-prudence-strong-data-protection/

Politics