The Central Bank of Nigeria (CBN) has issued a 30-day ultimatum to banks and other financial institutions to close accounts without Bank Verification (BVN). Data from...
Interest rates offered by Nigerian banks can vary depending on the type of account and the amount deposited. Here are some Nigerian banks with some of...
The Central Bank of Nigeria (CBN) will monitoring commercial banks to ensure that they comply with the directive of loading the redesigned Naira notes in their...
Banks in Nigeria that are listed on the floor of the Nigerian Stock Exchange cumulatively made a total of N36.04 billion from maintaining customers’ accounts in...
The Central Bank of Nigeria has partially lifted the freezing of bank accounts of 38 Nigerian companies. The CBN, in a circular dated September 4, 2020...
Nigeria is set to be expelled from the Egmont group by next month. This is on the agenda of the Egmont Working Group and Heads of FIU...
Acting President Yemi Osinbajo says sanctions should be imposed on banks and other financial institutions that are housing looted funds. Speaking at a conference in Abuja...
The Central Bank of Nigeria (CBN) has tightened its operational guidelines on foreign exchange (forex) trading among banks and other authorised dealers. Defaulting banks risk...
The Chief Imam of the Katsina state owned Al-Qalam University, Sheikh Abubakar Maikano, has called on civil servants in Katsina to reject the usury loans secured...
Contrary to insinuations in some quarters, the Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Timothy Oguntayo, has declared that deposit money banks (DMBs)...
Socio-Economic Rights and Accountability Project (SERAP) has sent petitions to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences...
The Economic and Financial Crimes Commission, EFCC, has directed banks to place restrictions on the accounts of some suspects fingered in the alleged mismanagement of $2.1bn...
