Resolve USSD disputes in three days, CBN directs banks Olusegun Kugbayi Jun 30, 2018 The Central Bank of Nigeria, on Saturday, directed all commercial banks to resolve disputes arising from use of Unstructured…
Banks must seek Adeosun’s approval before lending to states –… Oluwadamilare Emmanuel Jun 27, 2018 Investigations have shown that states will now have to depend on a formal approval by the Minister of Finance before their loan…
Nigerian banks lose N12.30bn to fraudsters in four years – NIBSS Oluwadamilare Emmanuel Jun 21, 2018 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 Oluwadamilare Emmanuel Jun 6, 2018 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 Oluwadamilare Emmanuel Jun 4, 2018 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 Oluwadamilare Emmanuel May 24, 2018 …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 funsho williams May 11, 2018 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 Oluwadamilare Emmanuel Apr 30, 2018 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] Oluwadamilare Emmanuel Apr 6, 2018 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… Newsclick Mar 29, 2018 Nigerian banks have been urged to engage copyright enforcement bodies and experts with a view to shielding their brands from…