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CBN mobile banking restriction

CBN gives new update on instant transfers, dormant accounts

The Central Bank of Nigeria (CBN) has issued new directives affecting the Bank Verification Number (BVN), instant payment services and the handling of dormant bank accounts. The directives were contained in three circulars released by the apex bank on March 12, 2026, and sent to banks, other financial institutions and payment service providers operating in […]

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CBN mobile banking restriction

CBN restricts mobile banking apps to one device per customer

The Central Bank of Nigeria (CBN) has introduced a new directive restricting the use of mobile banking applications to one device per customer in a move aimed at strengthening security within Nigeria’s digital banking system. Under the new policy, bank customers will no longer be able to operate the same mobile banking application on multiple

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VIDEO: Actor Uzor Arukwe clears air on rumoured romance with Bambam amid Teddy A separation talk

Nollywood actor Uzor Arukwe has spoken about rumours linking him romantically with fellow actress and reality TV star Bamike Olawunmi-Adenibuyan, popularly known as Bambam, amid speculation about her alleged separation from her husband, Tope Adenibuyan. Speaking in an interview with BBC Igbo shared on Thursday, Arukwe said he maintains professionalism when working with colleagues, especially

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US military plane crashes in Iraq

Four killed after US military aircraft crashed in Iraq

Four crew members have been confirmed dead after a United States military refuelling aircraft crashed in western Iraq, according to the U.S. Central Command (CENTCOM). The incident occurred when the aircraft “went down” in friendly airspace during an operation. In a statement issued on Friday, CENTCOM confirmed the casualties and said search and rescue efforts

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Broda Shaggi

Broda Shaggi hospitalised after being shot in Ogun

Popular comedian and skit maker Samuel Perry, popularly known as Broda Shaggi, has reportedly been hospitalised after sustaining a gunshot injury in the Sango-Ota area of Ota in Ogun State. The incident happened under the Sango-Ota bridge on Sunday afternoon. The exact details of the shooting are still unclear. A police source, who spoke anonymously,

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Lead City University law admissions illegal — JAMB

The Joint Admissions and Matriculation Board (JAMB) has declared as illegal any admission purportedly offered into the Law Faculty of Lead City University, warning candidates to disregard such offers. The Board said it had been inundated with allegations of dereliction over claims that candidates were being admitted into the university’s law programme despite a suspension

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British Airways pilot arrested over secretly filming women

A British Airways pilot has been arrested after allegedly filming himself with 16 women and sharing the videos online without their consent. Reports say the pilot formed relationships with women from other airlines during layovers at hotels around the world. Many victims only realised they had been recorded after noticing the videos on websites. One

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‘I simply love your son,’ Lady writes open letter to Femi Otedola requesting to marry his son

A Nigerian woman, Akwaugo Nwaoma, has caused a stir online after posting an open letter to Femi Otedola, asking to marry his son, Fewa Otedola. In the post on her X (formerly Twitter) page, Akwaugo described Fewa as “quiet, cute, and fresh,” and said her interest is not about his family’s money. “Dear Mr Otedola,

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Capital flight in Nigeria, not corruption, is the real barrier to development, Dr. UG Mohammed argues, drawing lessons from India, power, infrastructure, and private-sector growth.

Local refining under threat as PMS imports persist — Dangote

Chairman of Dangote Petroleum Refinery, Aliko Dangote has dismissed claims that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stopped issuing import licences for petrol. He said the agency continues to approve PMS importation, a situation he warns is undermining local refining and threatening Nigeria’s energy security. Speaking in Lagos, Dangote noted that

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