Category : Search result: bank charges


New ₦50 Stamp Duty Shifts to Senders from January 2026

OPay, PalmPay, Moniepoint, and major banks notify Nigerians of a key tax change. From January 1, 2026, senders will pay a ₦50 stamp duty on transfers of ₦10,000 and above. Learn the details and exemptions.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

Court Remands Ex-AGF Malami in Kuje Prison

Former Attorney-General Abubakar Malami has been remanded in Kuje prison on money laundering charges. He will remain there until his bail hearing on January 2, 2026. Read the full details of the court's decision.

Naked Burglar Busted in Miami Mansions on Christmas

A Florida man faces felony charges after allegedly breaking into two luxury homes in Golden Beach, stripping naked, and drinking alcohol. Read the bizarre details of the Christmas night arrest.

EFCC Traces N212bn Properties to Ex-AGF Malami

The EFCC has traced 41 properties valued at N212.9 billion to former Attorney-General Abubakar Malami. He faces money laundering charges. Read the full list and details.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

Terrorist Mastermind of 2012 Church Massacre Arraigned

The DSS has finally arraigned Abdulmalik Obadaki, the suspected mastermind behind the 2012 Deeper Life Church attack in Kogi that killed 19 worshippers. He faces terrorism charges. Read the full details of the case.

Ngige storms APC meeting after Kuje prison release

Former Minister Chris Ngige makes a dramatic appearance at an APC caucus meeting in Abuja just hours after being granted bail from Kuje Correctional Centre on corruption charges. Details inside.

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