August 3, 2025
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banking sector

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CBN General

CBN Rolls Out New Credit Reporting Guidelines to Strengthen Loan Management in Banks

In a decisive move to promote transparency and efficiency within Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has issued a fresh set of operational guidelines aimed at standardising credit reporting practices among commercial banks and other financial institutions. The apex bank stated that the new rules are designed to enhance data accuracy, ensure

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General

GTBank Reinstates Global Spending Access on Naira Cards, Expands FX Limits for Customers

In a major update that will delight frequent travellers and online shoppers, Guaranty Trust Bank (GTBank) has restored international transaction functionality on its Naira-denominated debit cards, allowing customers to once again spend abroad with ease. According to official communication from the bank, GTBank’s Naira cards are now globally active, permitting usage for Point-of-Sale (POS) and

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