UBA
After CBN’s order to Access, Zenith, UBA, other Banks, ATM withdrawals jump to 198 per cent
Nigerians’ ATM withdrawals soared to ₦36.34 trillion in H1 2025, amid public backlash over revised fees affecting low-income households and highlighting disparities.
Full List: New 7.5% VAT, ₦50 Stamp Duty and all the bank fees you’ll now Pay in 2026
Starting January 2026, Nigeria will impose a 7.5% VAT on mobile transfers and a ₦50 stamp duty on transactions over ₦10,000, increasing digital banking costs.
Nigerians to pay 7.5% VAT on mobile bank transfers, USSD transactions
Nigerians will face a new 7.5% VAT on digital banking services from January 2026, sparking concerns over financial strain amid criticism from consumer groups.
Recapitalisation race: Meet 21 banks with biggest capital after meeting CBN target
Nigeria's banking sector secures ₦5.142 trillion in the CBN recapitalisation drive, with 21 banks exceeding capital requirements ahead of deadline.
UBA finally beats CBN’s N500bn target as tier-1 banks race toward March 2026 deadline
UBA surpasses the N500bn capital requirement ahead of CBN's March 2026 deadline, raising N178.3 billion with over 6,400 valid share acceptances, enhancing stability.
N50 stamp duty: GTBank, Access, Zenith, UBA send messages to customers on changes
Nigerian banks including Access, UBA has informed customers they will pay N50 stamp duty on transfers of N10,000 and above from January 1, 2026, under new tax rules.
Access, Zenith, UBA, others shut 229 bank branches as PoS operators take over
Nigeria's banks shutter 229 branches as digital banking thrives, with PoS transactions surging 33%. 1.8 million operators face shutdown as registration mandates loom
Banks begin 10% tax on dollar deposits as Nigeria’s new tax laws take effect
Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.
How to block UBA account from another phone when your phone is lost
Instantly learn how to block a UBA account from another phone using the fast USSD code, Leo Chat Banking, or UBA customer care. Secure your funds now.
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