How we recovered N268b from banks, others – RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Monday said the Commission had recovered a total of N268…
Browsing Tag
Banks
CBN retains MPR at 14%, warns banks against laundering money for…
As the 2019 elections approach and political maneuvering intensify, the Central Bank of Nigeria (CBN) has warned Deposit Money…
CBN lends banks N956b in three months
Commercial banks got N956.64 billion loans from the Central Bank of Nigeria (CBN) in three months to boost their liquidity…
Industrial court seals four commercial banks in Owerri
The National Industrial Court in Owerri on Wednesday sealed four banks for disregarding its order which was issued in favour of a…
Banks lost N12bn to robbery, other fraudulent activities in six months –…
Statistics obtained from the Central Bank of Nigeria (CBN) on Monday revealed that losses recorded by banks from armed robbery…
Police recover $470.5m, N8bn NNPC funds hidden in commercial banks
The Nigeria Police Force on Thursday confirmed recovering $470.5m belonging to the Nigerian National Petroleum Corporation’s Brass…
N5.87b fine: CBN reviews new evidence from four indicted banks, MTN
The Central Bank of Nigeria (CBN) is reviewing new evidence from four banks and MTN Nigeria over the sanctions slammed on them by…
CBN debits four banks N5.87b over illegal repatriation deals with MTN
The Central Bank of Nigeria (CBN) on Thursday made good its threat to fine four banks that breached its capital importation policy…
Nigerian banks record N1.6trn ATM transactions in three months
The National Bureau of Statistics (NBS) has revealed that transactions valued at N1.6 trillion were recorded in Q2 2018 by banks…
Banks’ lending to private sector declines by N600.60b in Q2 – NBS
The total loans granted by Nigerian banks to the private sector declined from N16 trillion in the first quarter of 2017 to N15.34…