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Nigerian bank consumers have reacted to the kickoff of the new bank charges regime in line with the Central Bank of Nigeria’s directive. Recall the apex bank in a circular released...
The Central Bank of Nigeria (CBN) and commercial banks are reviewing the large number of transaction alerts sent to customers and the complaints about bank charges.
CBN has raised ATM card issuance fee to ₦1,500 and scrapped monthly maintenance charges.  NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has increased the co...
James Emejo in Abuja The Central Bank of Nigeria (CBN) has increased the cost of issuing and replacing Automated Teller Machine (ATM) debit and credit cards by 50 per cent,
CBN increases ATM card issuance fee to N1,500 as it scraps maintenance charge The Central Bank of Nigeria has increased the fee for the issuance or replacement of debit and credit...
The Central Bank of Nigeria has increased the fee for the issuance or replacement of debit and credit cards from 1,000 to 1,500 as part of a re
This approach is designed to help banks quickly detect potential fraud while giving customers an opportunity to clarify any issues.
On 17 April 2026, the Prudential Regulation Authority (PRA) published proposals for its fees for 2026/27. Summary The PRA’s proposals include: Continue Reading
On 17 April 2026, the Bank of England (BoE) published proposals for its supervisory fees for financial market infrastructure (FMI) for 2026/27. The proposals include: Next steps Th...
• Urges customers not to fret, continue regular transactions •Apex bank sets up payments committee to fast-track industry reforms •NCC, NDIC, SEC are key committee members Nume E...
You might think your bank has your back, but sneaky fees are quietly nibbling away at your hard-earned cash. You trust your financial institution to keep your hard-earned money saf...
For a second time in a year, the government is preparing legislation to limit the charges banks impose on their customers.
If you’ve sent a wire transfer recently and felt sticker shock, you’re not alone. Many consumers are noticing higher-than-expected charges, and it’s not just your...
I don’t understand this because normally the concept of cheques ‘clearing’ does not exist in France. The money is credited to your account as soon as the cheque has been processed...
Tier-1 banks’ profits declined despite strong earnings growth. This is due to the sharp drop in net trading and foreign exchange gains, alongside a surge in impairment charges and...
Tanzania’s commercial banks recorded continued profit growth in the first quarter of 2026, driven by higher interest income and steady gains in fee-based revenues, even as customer...
If you’ve heard stories about people suddenly losing access to their bank accounts, you’re not imagining things. In 2026, banks are tightening their risk controls,...
*Access holdings records N1trn profit, impairment charges rise to N523bn Kayode Tokede Following tighter provisioning regulations and the Central Bank of Nigeria’s (CBN) move to de...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, maintaining the benchmark interest rate at its...
I am being charged an intervention fee with regard to our account based on the fact that a sum of money was paid in to our account in respect of our prelevements and cheques for a...
The latest news to help you get the most from your bank account. Here’s my monthly update sharing changes for leading UK current accounts, as well as some of the relevant articles...
CBN has introduced new BVN rules effective May 1st such as one-time phone change, fraud watchlist and stricter access among others. Recent reports circulating on social media about...
The best cash incentives available when you switch banks right now We’ll update this page as new offers appear, though you should check the terms and conditions at each bank before...
The decision comes after the central bank earlier reduced the Monetary Policy Rate (MPR) by 50 basis points in February, bringing it down from 27 per cent, a level it had held stea...
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