February 19, 2025/CBN The guidelines on management of dormant accounts, unclaimed balances and other financial assets in Banks and other Financial Institutions in Nigeria 2024, requires that Banks and some other financial institutions to publish on their websites, the names of individuals authorised to operate the accounts, the type of […]
Money Market
Zero Processing Fee; GTBank Removes POS Processing Fees to Support Businesses
February 14, 2025/JSP Communications Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions. This initiative, which took effect Tuesday, 11 February 2025, communicates that merchants using GTBank POS terminals will no longer incur […]
CBN Assures Public of Keystone Bank’s Stability Following Forfeiture Order By Court
February 14, 2025/CBN Following the court order that the shares of Keystone Bank Limited previously held by the shareholders be forfeited to the Federal Government of Nigeria, the Central Bank of Nigeria (CBN) wishes to reassure the public that Keystone Bank Limited remains safe, sound, and fully operational. We acknowledge […]
