Tag: banks

By Yakubu Musa Nothing, perhaps, illustrates the tragedy of the current world's most enduring struggle, the Israeli–Palestinian conflict, than last Friday’s UN resolution for a ceasefire. Curiously, the United States of America voted against it while her...
By Sanusi Abdullahi Kiru In the ever-evolving landscape of Nigeria's telecommunications industry, there are individuals who leave an indelible mark, reshaping the sector for the betterment of the nation. Among these luminaries, Prof. Umar Garba Danbatta stands...

New Naira notes scarcity stalls businesses in Kano

By Ismail Auwal Frustrated bank customers have resorted to alternative methods of cash withdrawal as naira scarcity worsens. While most banking halls were empty due to...

Banks will continue to accept old notes after deadline – Emefiele

By Aminu Kutama Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has clarified that banks will continue to accept the old naira notes...

Gov Zulum orders reopening of microfinance banks to ease challenges of currency redesign

By Ismail Auwal Governor of Borno State, Babagana Umara Zulum, has directed the swift establishment of branches of Borno's existing Microfinance Bank, as well as/and...

CBN threatens to sanction banks dispensing old Naira notes

By Aminu Kutama The Central Bank of Nigeria (CBN) on Thursday threatened to sanction commercial banks in Ogun State dispensing the old naira notes. The apex...

Telcos seek NCC approval to disconnect banks over N80 billion debt

By Fatima Kabir Telecommunication operators have reached out to the Nigerian Communications Commission (NCC) for approval to phase out the Unstructured Supplementary Service Data offered...

Just in: CBN bows to pressure, raises individuals weekly cash withdrawal limit to N500,000

By Ismail Auwal The Central Bank of Nigeria (CBN) has announced a review of its controversial new cash withdrawal policy, which pegged weekly withdrawal to...

NDIC declares 100% liquidation dividends in 20 banks

By Ismail Auwal The Nigeria Deposit Insurance Corporation (NDIC) has declared 100 percent liquidation dividends in 20 failed banks and has invited depositors to file...

Commercial banks capital requirements and underdeveloped population: Regulation vs emotional sentiment

By Idris Mukhtar, Ph.D. This write-up seeks the correct the perception of some people about the Commercial Banks’ operations and the Central Banks' Regulations. A banking...

Nigerian banks hit by great resignation’ of top tech talent

By News Desk Nigerian banks have been hit by an exodus of tech talents, chief executives of the nation’s lenders say, according to a Bloomberg...

Kaduna IRS seals off 4 banks over N300.5m tax defaults

By Salim Yunusa Kaduna State Internal Revenue Service sealed the head offices and other branches of four banks in Kaduna on Monday over N300.5 million...

Many feared dead as robbers attack banks, Police station in Osun

By Salim Yunusa Many residents of Apomu, headquarters of Isokan Local Government Area and Ikire, headquarters of Irewole Local Government Area were feared killed on...

CBN freezes accounts of 5 companies, one individual for 45 days over suspicious activities

By Ismail Auwal The Central Bank of Nigeria (CBN) has frozen 11 bank accounts of 5 companies and an individual for 45 days. The apex bank...

Recent articles

spot_img