SIX banks paid N751.796 billion as income tax to the Federal and State Governments and agencies for the 2024 financial…
Browsing: Banks
SOUTHEAST Asia’s largest bank DBS said that 4,000 jobs could be cut in the next three years and be replaced…
COMMERCIAL banks are riding on telco platforms to rake in billions of naira from the increasing number of customers using…
FOUR major banks are on the brink of having their Unstructured Supplementary Service Data (USSD) services cut off today due…
THERE are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit…
THE Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine…
IN a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit…
EXCEPT there is any other intervention, indications emerged Monday that the telecoms operators have concluded plans to suspend the Unstructured…
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…