NFIU alerts banks to new fraudulent ways of claiming money from abroad The Nigerian Financial Intelligence Unit (NFIU) has issued an urgent advisory to banks and the public...
Miners’ debt to banks rises 296% in Q3 2023 amidst states’ bans The mining and quarrying sector witnessed a substantial influx of bank loans in the...
Reps discover 5 banks withholding $5bn in forex On Wednesday, the House of Representatives discovered that five banks were withholding $5 billion in currencies. Worried about...
Your funds are safe in banks, CBN assures depositors The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety...
FG to acquire 2 banks ‘purchased’ by Emefiele Nigerian government is in the process of acquiring two banks that were allegedly bought at a major discount...
Zenith, Access, GTB, 8 others earn N72.7bn from account maintenance A total of eleven banks listed on the floor of the Nigerian Exchange generated N72.7bn from...
How MDs of Zenith, Access spent N44.67bn to secure holding interest The managing directors of Access Holdings Plc and Zenith Bank Plc have spent N44.67 billion...
BREAKING: CBN to mop up dormant accounts, unclaimed balances in banks The Central Bank of Nigeria has said that it will mop up all dormant account...
The Central Bank of Nigeria (CBN) yesterday began cash allocation to banks to ease the scarcity. A director confirmed the development to The Nation. The source said:...
Commercial banks on Saturday started collecting the old N500 and N1,000 notes from their customers and hope to continue the exercise on Monday. The came despite...
