Six Nigerian Banks Pay N1.27trn Dividends Despite Regulatory Restrictions
Only six of Nigeria’s major listed banks paid dividends totalling about N1.27 trillion to shareholders for the 2025 financial year, ...
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Appeal Court Lifts Freeze on Aisha Achimugu’s Bank Accounts
The Court of Appeal in Port Harcourt, Rivers State, has overturned an interim order freezing the bank accounts of businesswoman ...
CBN Orders Banks To Freeze Accounts Linked To Terrorism Financing
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, Bureau De Change (BDC) operators and other ...
CBN Introduces Stricter Forex Rules, Slams ₦100m Fine on Banks Over Documentation Breaches
The Central Bank of Nigeria (CBN) has unveiled a new set of foreign exchange regulations, introducing a ₦100 million penalty ...
Banks Must Deduct USSD Fees From Airtime Balance Henceforth – NCC
The Nigerian Communications Commission (NCC) has announced a major change that affects the deduction of charges for Unstructured Supplementary Service ...
Central Bank of Nigeria Slams Paystack With Record Fine, Maintains That Its Rules Were Broken With Zap
Nigeria-based payment processor, Paystack, has been slammed with a ₦250 million fine by the Central Bank of Nigeria (CBN), its ...
LG AUTONOMY: Govs Warn Council Chairmen Over Opening CBN Accounts
The challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new dimension, with ...
World Bank Set to Okay Nigeria’s $632m Loan Request Today
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the ...
FirstBank receives certificate to construct 43 storey Headquarters building at Eko Atlantic
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, on Wednesday received a certificate of ...
CBN Imposes N1.35 Billion Fine on Nine Banks Over Holiday Cash Distribution Failure
The Central Bank of Nigeria has taken punitive action against nine major banks for their failure to provide adequate cash ...
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