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Cash Access: CBN To Introduce New Regulatory Policy.

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The Central Bank of Nigeria (CBN) has announced plans to roll out a new regulatory policy aimed at streamlining debit card issuance and ATM operations across Nigerian banks to address ongoing cash access challenges nationwide.....KINDLY READ THE FULL STORY HERE▶

Naija News reports that the apex bank disclosed this on Friday, January 23, during the 2026 Committee of Heads of Bank Operations Conference.

Speaking on behalf of CBN Governor Yemi Cardoso, his Special Adviser, Fatai Karim, explained that the policy will ensure that the number of debit cards issued by banks aligns with the ATM infrastructure they operate.

The measure is intended to reduce congestion at ATMs, minimise machine downtime, and promote a more equitable distribution of cash across the country.

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“Very soon, the Central Bank will introduce a policy to sanitise and improve the situation, particularly regarding the number of cards banks issue relative to the ATMs they support,” the CBN stated.

The apex bank highlighted that repeated ATM failures and frequent cash shortages have undermined public confidence in electronic payment channels, despite the rapid growth of digital transactions in Nigeria.

It warned that ongoing service disruptions weaken trust in the country’s payment infrastructure. “When cash access fails, whether due to prolonged ATM outages or uneven distribution, the credibility of the entire payment system is affected,” the CBN added.

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Karim noted that the CBN is engaging stakeholders across the banking sector to finalise the framework for the new policy.

He further revealed that the regulation is expected to take effect within the next few months and could be implemented before the end of the second quarter of 2026.

The new policy is designed to improve ATM reliability, ensure better cash availability, and restore public confidence in Nigeria’s electronic payment system.

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2027: Tinubu Will Lose If ADC Is On Ballot – Amaechi.

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Former Minister of Transportation, Rotimi Amaechi, has stated that President Bola Tinubu would lose the 2027 presidential election if the African Democratic Congress (ADC) is allowed to participate fully.....KINDLY READ THE FULL STORY HERE▶

News reports that Amaechi made the claim during an appearance on Channels Television’s breakfast programme on Friday.

He criticised the Tinubu administration and the All Progressives Congress (APC), accusing them of interfering in opposition parties and attempting to weaken potential challengers ahead of the election.

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Amaechi argued that regardless of whether the election is free or flawed, Tinubu would be defeated if credible opposition candidates are on the ballot.

He also dismissed interpretations of a Court of Appeal ruling suggesting the opposition was leaderless, insisting that such claims misrepresent the law.

According to him, the government is working to prevent strong opponents from emerging by using institutions, including the judiciary, to influence party structures.

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Amaechi called on authorities to allow political institutions to function independently and ensure that all parties can field candidates without interference.

He maintained that Nigerians would ultimately decide at the polls, questioning the administration’s chances amid economic challenges and ongoing insecurity.

“How can he win with the current state of the economy and security situation?” he asked.

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Airtel Suspends Airtime And Data Credit Services In Nigeria.

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Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge.....KINDLY READ THE FULL STORY HERE▶

reports that the telecom operator said the decision is part of ongoing operational adjustments driven by evolving regulatory requirements in Nigeria’s telecommunications sector.

In a statement on Friday, the Director of Corporate Communications and CSR, Femi Adeniran, explained that the move was necessary to ensure compliance with current industry standards.

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He added that the suspension aligns with broader efforts to meet regulatory and operational guidelines governing telecom services in the country.

Despite the suspension, Airtel assured customers that normal services remain unaffected, noting that subscribers can still purchase airtime and data through regular channels.

The company further stated that the temporary pause will not impact network performance or overall service delivery nationwide.

Reacting to the development, Airtel Nigeria’s Director of Marketing, Ismail Adeshina, described the decision as necessary and responsible.

He said: “This is a necessary and responsible step as we align our operations with evolving requirements. Airtel Nigeria remains committed to the highest standards of compliance, transparency, and consumer protection, while continuing to innovate responsibly within Nigeria’s digital ecosystem.”

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Airtel added that further updates on the suspended service will be communicated in due course.

The development comes amid growing regulatory scrutiny of digital lending and credit-based telecom services in Nigeria.

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Tinubu Signs 2026 Budget, Expands 2025 Appropriation Bill Into Law.

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President Bola Ahmed Tinubu has signed the ₦68.32 trillion 2026 Appropriation Bill into law.....KINDLY READ THE FULL STORY HERE▶

reports that the development was announced on Friday in a statement by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

The 2026 budget provides a total expenditure of ₦68.32 trillion. Tinubu also approved the extension of the 2025 budget implementation period from March 31, 2026, to June 30, 2026.

Of the total budget, ₦4.799 trillion is allocated to statutory transfers, ₦15.8 trillion to debt servicing, ₦15.4 trillion to recurrent expenditure, and ₦32.2 trillion to capital projects under the Development Fund.

With capital spending accounting for about 50 percent, the budget reflects the administration’s focus on economic stability, security, infrastructure development, and inclusive growth.

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The allocation structure is designed to balance statutory commitments, debt obligations, recurrent costs, and capital investments aimed at boosting productivity and improving living standards.

The President also signed the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, extending the implementation of the 2025 capital budget to June 30, 2026.

The extension is expected to ensure full utilisation of funds for ongoing infrastructure and development projects across the country.

It will also allow Ministries, Departments, and Agencies (MDAs) to complete ongoing projects, improve execution rates, and maximise public spending value.

With the 2026 Appropriation Act taking effect from April 1, the Federal Government is set to begin full implementation in line with the Renewed Hope Agenda.

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Tinubu directed MDAs to ensure transparency, discipline, and efficiency in the use of allocated resources, stressing value for money and timely project delivery.

He commended the National Assembly for its swift consideration and passage of the budget, and reiterated the importance of cooperation between the Executive and Legislature in driving national development.

The President also reaffirmed his administration’s commitment to fiscal reforms, stronger revenue generation, job creation, and expanded social protection programmes.

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