Banks

CBN Speaks On Current Cash Scarcity In Parts Of Nigeria

CBN has reacted to reports of cash scarcity in some locations, assuring that there is sufficient bank notes for economic… Read More

6 months ago

Banks Adopt Plan To Repay MTN, Airtel, Others N120bn USSD Debt

Deposit Money Banks (DMBs) have adopted a repayment plan to resolve their faceoff with telecommunications firms over the use of… Read More

9 months ago

Fighting Cybercrime In Banks

Rising cases of cybercrime in the banking industry is becoming a big headache to bankers, customers and law enforcement agencies… Read More

10 months ago

Emefiele Directs Bank CEOs To Start Accepting, Disbursing Old Naira Notes

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has directed the Chief Executive Officers of Deposit Money… Read More

1 year ago

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

Deposit Money Banks (DMBs), other financial institutions and companies can now share customers' data, in a bid to create innovative… Read More

1 year ago

Nigerian Banks Address Shutting Down Operation For Presidential Election

Nigerian banks have denied reports that financial institutions plan to shut down operations due to the presidential election holding on… Read More

1 year ago

CIBN Addresses Report Of Banks’ Collapse, NSPMC Inability To Print New Naira Notes

The President and Chairman of the Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara, has allayed fears that some… Read More

1 year ago

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

The Central Bank of Nigeria (CBN) has threatened to arrest persons selling the new naira notes, as it begs banks… Read More

1 year ago

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged banks to source for foreign exchange (forex)… Read More

1 year ago

CBN Warns Banks Rejecting ATM’s Amid Customer Complaints

CBN Warns Banks switching companies, and other relevant parties warned against rejecting payment cards issued by other financial institutions. The… Read More

1 year ago

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