7+ hour, 2+ min ago  (406+ words) The Central Bank of Nigeria, CBN, has raised the cost of issuing and replacing Automated Teller Machine, ATM, debit and credit cards by 50 per cent, increasing the fee from N1, 000 to N1, 500. At the same time, the apex bank has eliminated the…...

2+ mon, 1+ week ago  (214+ words) The Federal Government has issued a ban on using Naira notes for decorative purposes ahead of the 2026 Valentine's Day celebrations. The directive specifically targets activities such as making money bouquets, cash towers, and cake designs featuring banknotes. Authorities say these…...

3+ mon, 1+ week ago  (266+ words) The Federal Government has clarified that there is no N500, 000 limit on N500, 000 card payments in Nigeria. Special Assistant to the President on Social Media, Dada Olusegun, made this clarification on Monday through its X account. This comes amid a claim by…...

4+ mon, 2+ week ago  (447+ words) The Federal Government has announced the immediate suspension of physical cash payments for all revenue transactions, directing Ministries, Departments and Agencies, MDAs, to deploy Point of Sale, POS, terminals and other approved electronic payment systems within 45 days. The directive was…...

4+ mon, 2+ week ago  (260+ words) The Federal Government, through the Corporate Affairs Commission, CAC, has declared that all Point of Sale (POS) operators in Nigeria must be duly registered with the commission or face immediate shutdown starting from 1st January 2026. In a statement on Saturday, the…...

6+ mon, 2+ day ago  (409+ words) Also speaking at the event, the Managing Director of Noor Takaful Insurance Limited, Rilwan Sunmonu, disclosed that the company has sustained profitable growth despite regulatory and market headwinds in the last 12 months, adding that the partnership with over 200 brokers has…...

8+ mon, 3+ week ago  (397+ words) The Federal Capital Territory Administration, FCTA, has said that appropriate sanctions will be meted out to FCT Health Insurance Scheme, FHIS, Health Maintenance Organisation (HMOs), failing to promptly remit payments to Healthcare providers. The FHIS is a social Health Insurance…...