CBN slaps new fees on Nigerians to revive ATMs, curb POS money agents
The Central Bank of Nigeria (CBN) has announced new Automated Teller Machine (ATM) transaction fees, set to take effect from March 1, 2025.
Under the...
UBA reports decline in 2024 half-year profit, announces interim dividend
United Bank for Africa (UBA) has released its half-year financial results for the period ending June 2024, highlighting key developments in profitability, asset growth,...
Bank group opposes Nigerian govt’s “ill-timed” dollar windfall tax
The Bank Directors Association of Nigeria (BDAN) has opposed a newly imposed 70% windfall tax on foreign exchange gains made by Nigerian banks.
The group...
Access Holdings Plc extends period for rights issue
Access Holdings Plc, the parent company of Access Bank, has announced an extension to the period for its ongoing rights issue.
Initially set to close...
Access Bank to spend N24 billion on new branches in three cities
Access Bank Plc will invest N52 billion in branch expansions and upgrades, including ATM and Point of Sale (PoS) machines, according to its parent...