Commercial banks in Nigeria have announced an increase in the cost of SMS transaction alerts from N4 to N6, starting Thursday, May 1, 2025.
The banks communicated the update to customers on Wednesday, citing a recent hike in telecom service...
The lingering cash scarcity in Nigeria has worsened as commercial banks enforce stricter withdrawal limits on Automated Teller Machines (ATMs). Daily Trust findings reveal that multiple account holders are now restricted to a daily withdrawal limit of N20,000, even...
The Central Bank of Nigeria (CBN) has vowed to crack down on banks failing to make cash available to customers. Governor Olayemi Cardoso, speaking at the Chartered Institute of Bankers of Nigeria dinner in Lagos, announced that the CBN...
