NDIC set to pay N16.18bn liquidation dividends to failed banks’ depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to carry out full liquidation dividend payments,…
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Banks
FG orders removal of non-deposit financial institutions from transfer list
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank…
Nigerian banks set for recapitalization – CIBN
Following the recent announcement by the Central Bank of Nigeria (CBN) last weekend regarding a forthcoming round of…
NLC rallies Banks, Courts, Govt offices as strike enters day two
As the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) declare an indefinite strike, union leaders in Kaduna,…
NLC strike: Public schools, banks shut in Osogbo
Public school students in Osogbo, Osun State, were dismissed on Tuesday in response to the nationwide strike declared by the…
CBN commences clearing FX backlogs to banks
Spokesperson for the Central Bank of Nigeria (CBN) Isah Abdulmumin on Thursday confirmed that the apex bank has initiated…
Nigerian Banks to join NLC’s two-day strike
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) says its members will…
Buhari orders banks to issue NIN cards to Nigerians
The Federal Government says Nigerians can now request their commercial banks issue them with a debit card that doubles as their…
Telecom operators set to disconnect banks over N120b USSD debt
Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to…
Banks customers stranded as delay in cash payment lingers
Commercial banks in some satellite towns of the Federal Capital Territory (FCT) are yet to start cash payment, leaving customers…