Banks

NFIU alerts banks to new fraudulent ways of claiming money from abroadNFIU alerts banks to new fraudulent ways of claiming money from abroad

NFIU alerts banks to new fraudulent ways of claiming money from abroad

NFIU alerts banks to new fraudulent ways of claiming money from abroad The Nigerian Financial Intelligence Unit (NFIU) has issued an urgent…

9 months ago
Miners’ debt to banks rises 296% in Q3 2023 amidst states’ bansMiners’ debt to banks rises 296% in Q3 2023 amidst states’ bans

Miners’ debt to banks rises 296% in Q3 2023 amidst states’ bans

Miners’ debt to banks rises 296% in Q3 2023 amidst states’ bans The mining and quarrying sector witnessed a substantial…

1 year ago
Reps discover 5 banks withholding $5bn in forexReps discover 5 banks withholding $5bn in forex

Reps discover 5 banks withholding $5bn in forex

Reps discover 5 banks withholding $5bn in forex On Wednesday, the House of Representatives discovered that five banks were withholding…

1 year ago
Your funds are safe in banks, CBN assures depositorsYour funds are safe in banks, CBN assures depositors

Your funds are safe in banks, CBN assures depositors

Your funds are safe in banks, CBN assures depositors The Central Bank of Nigeria (CBN) has assured depositors and customers…

1 year ago
FG to acquire 2 banks ‘purchased’ by EmefieleFG to acquire 2 banks ‘purchased’ by Emefiele

FG to acquire 2 banks ‘purchased’ by Emefiele

FG to acquire 2 banks ‘purchased’ by Emefiele Nigerian government is in the process of acquiring two banks that were…

1 year ago
Zenith, Access, GTB, 8 others earn N72.7bn from account maintenanceZenith, Access, GTB, 8 others earn N72.7bn from account maintenance

Zenith, Access, GTB, 8 others earn N72.7bn from account maintenance

Zenith, Access, GTB, 8 others earn N72.7bn from account maintenance A total of eleven banks listed on the floor of…

2 years ago
How MDs of Zenith, Access spent N44.67bn to secure holding interestHow MDs of Zenith, Access spent N44.67bn to secure holding interest

How MDs of Zenith, Access spent N44.67bn to secure holding interest

How MDs of Zenith, Access spent N44.67bn to secure holding interest The managing directors of Access Holdings Plc and Zenith…

2 years ago
BREAKING: CBN to mop up dormant accounts, unclaimed balances in banksBREAKING: CBN to mop up dormant accounts, unclaimed balances in banks

BREAKING: CBN to mop up dormant accounts, unclaimed balances in banks

BREAKING: CBN to mop up dormant accounts, unclaimed balances in banks The Central Bank of Nigeria has said that it…

2 years ago

Naira scarcity: CBN begins allocation of more cash to banks

The Central Bank of Nigeria (CBN) yesterday began cash allocation to banks to ease the scarcity. A director confirmed the…

2 years ago
Commercial banks ignore CBN, collect old N500, N1000 from customersCommercial banks ignore CBN, collect old N500, N1000 from customers

Commercial banks ignore CBN, collect old N500, N1000 from customers

Commercial banks on Saturday started collecting the old N500 and N1,000 notes from their customers and hope to continue the…

2 years ago