CBN appoints 16 new directors – after nine months
The new appointees will oversee banking supervision, payment systems, and consumer protection, areas critical to Nigeria’s financial sector The Central ...
Tag: Banks
CBN Urges Banks to Ensure ATM Cash Availability as Fee Hike Takes Effect
Onoja dismissed speculation that the changes aim to reduce cash in circulation The Central Bank of Nigeria (CBN) has ...
CBN orders banks to publish details of dormant accounts, unclaimed balances
A dormant account refers to a bank account that has remained inactive for at least one year The Central Bank ...
CBN ends free ATM withdrawals, introduces new charges
CBN said the review was necessary due to rising costs and the need to improve efficiency of ATM services The ...
Bauchi Police Arrest Bank Robbery Syndicate, Leader Still at Large
The gang leader remains at large The Bauchi State Police Command has arrested three members of a four-man syndicate that ...
FX Code compliance: CBN reads riot act to banks, BDC operators
Cardoso said the FX Code is aimed at ensuring transparency and checking unethical practices in the country’s financial sector. The ...
USSD debt: NCC orders telcos to disconnect nine banks
The nine Nigerian banks will no longer use the assigned mobile network operators USSD from January 27, 2025 The Nigerian ...
First Bank MD Encourages Female Bankers to Stay Resilient
First Bank MD Segun Alebiosu praised female bankers for their resilience and contributions, urging them to mentor the next generation ...
Banks increase withdrawal limit to N50,000
On why the limit was raised, an official disclosed that the bank is now in possession of more cash and ...
FG Investigates Banks, Telcos, Airlines Over Customer Complaints
The FCCPC has launched investigations into GTB, MTN, and Air Peace based on consumer complaints about poor service delivery and ...
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