Central Bank Of Nigeria

Central Bank Of Nigeria
Financial Policy and Regulation Department
Financial Policy and Regulation Department
Central Business District, Cadastral Zone,
Central Business District, Cadastral Zone,
P.M.B 0187, Garki, Abuja
P.M.B 0187, Garki, Abuja
Telephone: +234 (0) 9 462 37401
Telephone: +234 (0) 9 462 37401
E-mail: fprd@cbn.gov.ng
E-mail: fprd@cbn.gov.ng
Website: www.cbn.gov.ng
Website: www.cbn.gov.ng

FPR/DIR/PUB/CIR/001/015
FPR/DIR/PUB/CIR/001/015
April 21, 2026
April 21, 2026

CIRCULAR TO ALL BANKS, OTHER FINANCIAL INSTITUTIONS AND THE PUBLIC CIRCULAR TO ALL BANKS, OTHER FINANCIAL INSTITUTIONS AND THE PUBLIC

EXPOSURE DRAFT OF THE GUIDE TO CHARGES BY BANKS AND OTHER FINANCIAL INSTITUTIONS IN NIGERIA, 2026 (THE GUIDE) EXPOSURE DRAFT OF THE GUIDE TO CHARGES BY BANKS AND OTHER FINANCIAL INSTITUTIONS IN NIGERIA, 2026 (THE GUIDE)

In furtherance of the mandate to promote a safe and sound financial system in Nigeria, accelerate the adoption of innovative financial services, financial inclusion and micropayments/transaction, the Central Bank of Nigeria (CBN) has reviewed the extant Guide to Charges by Banks, Other Financial and Non-Bank Financial Institutions. In furtherance of the mandate to promote a safe and sound financial system in Nigeria, accelerate the adoption of innovative financial services, financial inclusion and micropayments/transaction, the Central Bank of Nigeria (CBN) has reviewed the extant Guide to Charges by Banks, Other Financial and Non-Bank Financial Institutions.

This reviewed Guide provides for an increased range of financial services, encourages development of innovative products, strengthens responsibility for oversight and accountability and promotes financial inclusion through lower tariffs for micropayments/transactions. Furthermore, the Guide reviewed some charges for banking services to encourage increased adoption of electronic channels and accommodates new industry participants since the issuance of the 2020 Guide. This reviewed Guide provides for an increased range of financial services, encourages development of innovative products, strengthens responsibility for oversight and accountability and promotes financial inclusion through lower tariffs for micropayments/transactions. Furthermore, the Guide reviewed some charges for banking services to encourage increased adoption of electronic channels and accommodates new industry participants since the issuance of the 2020 Guide.

In view of the above, the draft Guide is hereby exposed to members of the public for their comments/input on the proposed fees contained therein. Comments are to be sent to PolicyandRegulationsDivision@cbn.gov.ng on or before May 08, 2026. In view of the above, the draft Guide is hereby exposed to members of the public for their comments/input on the proposed fees contained therein. Comments are to be sent to PolicyandRegulationsDivision@cbn.gov.ng on or before May 08, 2026.

DR. RITA I. SIKE
DR. RITA I. SIKE
DIRECTOR, FINANCIAL POLICY AND REGULATION DEPARTMENT DIRECTOR, FINANCIAL POLICY AND REGULATION DEPARTMENT