PoS

The Central Bank of Nigeria (CBN) has described it as fake, the news making the rounds that it suspended accounts of Fintech companies like OPAY and PALMPAY. Mr. Isa AbdulMumin,…

Banks in Ilorin, Kwara State capital, have restricted cash withdrawals over the counter at N20,000. However, customers surrounding the new Naira Notes swap continues they experience encountered long ques at…

Kano State Governor, Abdullahi Umar Ganduje has confirmed that the state resolved and wrote to the Presidency that, the visit of the President to commission some projects is to be…

The Central Bank of Nigeria, CBN, has banned deposit money banks from over-the-counter withdrawals of new naira notes to customers. The CBN directed the banks to load their Automated Teller…

The Central Bank of Nigeria (CBN) has ordered financial institutions to ensure that weekly cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500,000. This was contained…

Khadijat Saidu, Birning Kebbi Kebbi State Government has warned beneficiaries of social grants for petty trades against using the money for merriment or family celebrations.  The General Manager of the…

The Central Bank of Nigeria, CBN, has said that the country will soon be faced with a dearth of paper currency as it intensifies efforts in digital currency inclusion. The…

Deposit Money Banks (DMBs) have announced temporary suspension of overseas Automated Teller Machine (ATM) card services and Point of Sale (PoS) transactions. The banks’ decision followed consistent dollar scarcity and…