CBN Orders Banks to Freeze Accounts Linked to Six Terrorism Financing Suspects
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze accounts,…
Explore banking news, loan updates, savings and investment insights, fintech innovations, and central bank policies impacting individuals and businesses.
CBN Redeploys Four Deputy Governors in Major Management Reshuffle
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a major management reshuffle…
Supreme Court Ends Legal Battle Over Providus Bank-Unity Bank Merger
By Elizabeth Ugbo The Supreme Court on Monday ended a prolonged legal dispute over the merger between Providus Bank Limited…
UBA Unveils Diaspora Healthcare Investment Platform at 2026 ANPA Carolinas Symposium
By Elizabeth Ugbo United Bank for Africa (UBA) introduced a new diaspora healthcare investment platform at the 2026 ANPA Carolinas…
UBA Reaffirms Commitment to Africa’s Economic Growth at Africa Forward Summit 2026
By Elizabeth Ugbo United Bank for Africa (UBA) Plc has reaffirmed its commitment to Africa’s economic transformation at the Africa…
UBA Debunks Tony Elumelu Divorce Rumour, Orders Takedown and Triggers Arrests
By Elizabeth Ugbo United Bank for Africa (UBA) has denied false reports claiming its Group Chairman, Tony O. Elumelu, divorced…
Central Bank of Nigeria Raises Card Fees to N1,500, Unveils New Bank Charges Effective May 2026
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has increased debit and credit card issuance fees to N1,500, effective…
Nigerian Banking Sector Hits 96% Recapitalisation Compliance Ahead of Deadline
By Elizabeth ugbo Nigeria’s banking industry, led by the Central Bank of Nigeria, achieved over 96% compliance with new capital…
Court Reinstates Union Bank Board, Rules CBN Acted Outside Law
By Elizabeth Ugbo A Federal High Court in Lagos, presided over by Justice Chukwujekwu Aneke, has reinstated the board of…
Iran Missile Attack on Israel Triggers Sirens in Jerusalem, Tel Aviv
By Elizabeth Ugbo Iran Missiles Target Israel, No Casualties Reported Iran launched missiles toward Israel early Wednesday, triggering air raid…