Association of Licensed Telecom Operators of Nigeria (ALTON), official industry umbrella body and pressure group for major mobile network operators in the country, has faulted claims...
House of Representatives Public Accounts Committee (PAC) says it has recovered over ₦521 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria...
Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks and other authorised dealers that process foreign exchange transactions without adequate supporting documentation,...
As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System Vision (PSV) 2028 framework in Abuja, industry leaders are shifting the...
Nigeria’s National Payment Stack (NPS) processed 153,000 transactions during its pilot phase, moving closer to a full rollout. This next-generation payment infrastructure aims to unify banks,...
Central Bank of Nigeria (CBN) has reportedly granted Union Bank of Nigeria, Polaris Bank and Keystone Bank additional time to complete their recapitalisation process following the...
Central Bank of Nigeria (CBN) has launched the Payment System Vision (PSV) 2028, a strategic roadmap aimed at expanding financial inclusion to 95 per cent of...
Banks in Nigeria increased their lending to the federal government significantly over the past year, according to data from the Central Bank of Nigeria (CBN). The...
Non-performing loans (NPLs) in Nigeria’s banking sector rose to 8.03 per cent in January 2026, exceeding the Central Bank of Nigeria’s (CBN) prudential threshold of five...
Association of Point of Sale Service Providers (POS) has threatened to suspend Verve card transaction services nationwide if the Central Bank of Nigeria (CBN) and the...
