banks

CBN Reduces Electronic Transfer, ATM Withdrawal Charges From N65 To N35

The Central Bank of Nigeria (CBN) has issued new guidelines to banks in Nigeria. The news guideline are contained in…

To Operate Bank Accounts, Nigerians Will Start Presenting ‘Tax Card’ From January 2020

The Nigerian Senate has passed a financial bill which states that Nigerians will start presenting evidence of tax payment in…

Nigerians To Start Paying N50 For PoS Transactions Above N10,000 – FG Declares

The Federal Government has declared tha N50 stamp duty charge will now be levied on electronic payments above N10,000, as…

Federal Government Directs MTN To Suspend Planned N4 Charges On USSD Banking Services

Federal Government has directed telecommunications giant, MTN to suspend its planned N4 charge on customers for USSD access to banking…

Cashless Policy: House Of Reps Orders CBN To Suspend New Charges On Transactions

The House of Representatives has asked the Central Bank of Nigeria (CBN) to suspend the planned Cashless policy that imposes…

AGAIN! Nigerians To Pay More For PoS Transactions As CBN Issues New Directive To Banks

Just a few days after the Central Bank of Nigeria (CBN) announced new charges on withdrawal and deposit of funds…

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