News How to link you NIN/BVN to your account Toyibat Ajose Mar 2, 2024 Nigerian banks recently issued a memo about a week ago, urging customers to link their National Identification Number and…
News Play by the rules, EFCC boss tells banks CEOs Alagbe Shenayon Feb 22, 2024 The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has urged Chief Executive Officers of banks…
News Reps question banks over N11.632 trn FG revenue collected Alagbe Shenayon Feb 20, 2024 The House of Representatives has raised questions to Access Bank, Citi Bank, Ecobank, and Fidelity Bank regarding the N11.632…
News CBN directs banks to sell surplus dollars in 24 hours Alagbe Shenayon Feb 1, 2024 The Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) to divest their surplus dollar holdings by February 1,…
Editorial THE HAMMER ON BANKS: SOFTLY, SOFTLY, CBN, FG! Editor Jan 15, 2024 The equivalent of a tremor hit three banks mid last week, causing the otherwise sedate industry boardrooms to quake for effect.…
Business EXCLUSIVE: ‘Utmost discretion should be exercised,’ Economist… Oluwadamilare Emmanuel Jan 11, 2024 The Chief Executive Officer, Centre for Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said the Yemi Cardoso-led…
News CIBN urges banks to prevent fraudulent transactions Alagbe Shenayon Dec 14, 2023 The Chartered Institute of Bankers of Nigeria (CIBN) has recommended that the Central Bank of Nigeria enact policies to…
News NDIC set to pay N16.18bn liquidation dividends to failed banks’ depositors Alagbe Shenayon Dec 8, 2023 The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to carry out full liquidation dividend payments,…
Business FG orders removal of non-deposit financial institutions from transfer list Toyibat Ajose Dec 7, 2023 Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank…
News Nigerian banks set for recapitalization – CIBN Alagbe Shenayon Nov 28, 2023 Following the recent announcement by the Central Bank of Nigeria (CBN) last weekend regarding a forthcoming round of…