Category : Search result: Nigerian banks withdrawal limits


CBN Revokes Aso Savings, Union Homes Licences

The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.

What Nigerians Are Known For Globally

Explore the 7 pillars of Nigeria's global influence, from Afrobeats and Nollywood to tech innovation and literary genius. Discover the cultural force reshaping the world.

CBN Sets New Cash Withdrawal Limits Effective 2026

The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.

CIBN Launches Ethics Summit on International Day of Banks

The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.

CIBN marks 2025 International Day of Banks

The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.

CBN Enforces New Cash Withdrawal Limits & Fees

The Central Bank of Nigeria has announced new weekly cash withdrawal limits of N500,000 for individuals and N5m for corporates, with excess fees starting January 1, 2026. Read the full details.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

PDP Holds Osun Primary Amid Security, Adeleke's Exit

PDP delegates in Osun converged for a tense governorship primary under heavy security, proceeding despite Governor Adeleke's resignation and initial suspension claims. INEC monitored the exercise.

UK Halts $1.15bn Loan for Mozambique Gas Project

Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.

UK Pulls $1.15bn Loan for Mozambique Gas Project

Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.

Top 10 Nigerian Banks by Mobile App Downloads

Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech

Police Confirm Fake Document on VIP Withdrawal

Nigeria Police Force exposes fake document about officers' withdrawal from VIP duties. Learn the truth about President Tinubu's security reforms and implementation timeline.

CBN Orders Banks To Withdraw Misleading Adverts

The Central Bank of Nigeria has ordered all banks to withdraw misleading advertisements. New rules require pre-approval notifications and compliance attestations to protect consumers.

Nigeria's 10 Most Handsome Musicians in 2025

Discover Nigeria's most handsome musicians who combine exceptional talent with striking looks. From Davido to Wizkid, these artists dominate both charts and hearts.

Police withdraw 11,566 officers from VIP protection

Nigeria's Inspector General of Police confirms withdrawal of 11,566 officers from VIP security details following presidential directive. Officers to focus on community policing and national security.

Police withdraw 11,566 officers from VIP protection

IGP Kayode Egbetokun confirms withdrawal of 11,566 police officers from VIP duties following President Tinubu's directive. Officers redeployed to frontline policing to combat crime nationwide.

16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

Lawmakers Condemn Tinubu Over Bandit Negotiations

Nigerian lawmakers openly criticized President Tinubu's approach to bandit attacks, rejecting negotiations and demanding accountability for troop withdrawal in Kebbi. Read the full details of the security crisis.

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