Banks must seek Adeosun’s approval before lending to states –…
Investigations have shown that states will now have to depend on a formal approval by the Minister of Finance before their loan…
Browsing Tag
Banks
Nigerian banks lose N12.30bn to fraudsters in four years – NIBSS
The Nigerian Inter-Bank Settlement System (NIBSS), on Thursday, said the banking industry lost the sum of N12.30 billion to…
Banks to adopt N360/$ exchange rate for 2018 financial results
Commercial banks are expected to adopt N360/$ exchange rate in reporting their 2018 financial results, a report from Exotic…
Banks’ average daily loan request from CBN hit N216b
Commercial banks’ average daily loan requests from the Central Bank of Nigeria (CBN) stands at N216.34 billion due to the apex…
Forex: CBN injects $210m into market, warns banks against hoarding
…Urges customers to report erring banks
The Central Bank of Nigeria (CBN) has made available 210 million dollars to meet…
Banks sabotaging efforts on new notes – CBN
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new…
Delayed accounts: CBN threatens to sack CEOs, chairmen of defaulting banks
The Central Bank of Nigeria (CBN) has directed that henceforth CEOs and chairmen of any bank which fails to publish its annual…
Robbers invade banks in Offa, kill six policemen, several others [video]
There was pandemonium on Thursday in Offa, a local community in Offa Local Government Area of Kwara State as dare devil robbers…
Copyright: ‘Nigerian banks should engage experts to avoid unnecessary…
Nigerian banks have been urged to engage copyright enforcement bodies and experts with a view to shielding their brands from…
CBN lends banks N27.6tr in six months – Report
Commercial Banks borrowed N27.46 trillion from the Central Bank of Nigeria (CBN) in six months, data from the apex bank’s half…