Peionews

Banking

Explore banking news, loan updates, savings and investment insights, fintech innovations, and central bank policies impacting individuals and businesses.

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…