EXCEPT there is any other intervention, indications emerged Monday that the telecoms operators have concluded plans to suspend the Unstructured…
Browsing: Banks
WITH less than 15 months to recapitalisation deadline, banks have stepped up preliminary consultations on the prospect of business combinations.…
THE Central Bank of Nigeria and the Nigerian Communications Commission have directed Deposit Money Banks and Mobile Network Operators to…
NIGERIA continues to face cash scarcity despite a significant year-on-year increase of N1.59 trillion in the amount of currency held…
DEPOSIT Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to N50,000 per day, findings…
SOUTH Africa’s central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.75 percent, adopting caution…
THE Federal Government has issued a nine-month ultimatum to individuals that are keeping dollars outside the banking system. Briefing journalists…
THE Central Bank of Nigeria has directed all banks and other financial institutions to transfer all dormant accounts, unclaimed balances…
MULTIPLE US airlines said they were beginning to resume operations Friday following a major worldwide computer systems outage that grounded…
THE Nigeria Data Protection Commission has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are currently…
THE Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex…
THE Central Bank of Nigeria is set to closely monitor the Nigerian banking sector’s recapitalisation alongside law enforcement agencies. This…
THE Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the…
AMID its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money…
A NEW report has projected that the Central Bank of Nigeria may ask commercial banks with international banking licence to…
THE sacked governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly used proxies and acquired Union Bank of…
THE Central Bank of Nigeria has suspended the processing fees on large cash deposits, a release by the Acting Director…
INDICATIONS emerged on Saturday that the chief executive officers and other top executives of Deposit Money Banks had begun moves…
THE Central Bank of Nigeria (CBN) has disclosed plans to increase the capital base of banks in the country. In…
THE Central Bank of Nigeria (CBN) has said that it has enough volume of banknotes to go around against backdrop…