The Central Bank of Nigeria (CBN) has refuted claims suggesting that certain Nigerian banks fell short of the capital adequacy ratio, as reported by some media...
Telecommunication companies operating within the nation have issued a warning of pursuing legal measures against banks concerning the outstanding N120 billion Unstructured Supplementary Service Data (USSD)...
The Lagos State High Court sitting in Osborne, Ikoyi has granted an order of Mareva injunction restraining all commercial banks in the country from releasing or...
Dollar Scarcity has forced Banks to ration $4,000 Personal Travel Allowance (PTA). “This is not funny”, Debra voiced out at the Bank Teller after she was...
Nigeria’s central bank, CBN, has imposed a penalty of N400 on deposit money banks (DMBs) for every mutilated N100 sent to the apex bank. The penalty...
Some Nigerian Deposit Money Banks (DMBs) are pushing for unsecured lending, a loan that does not require collateral, as demand rises among small and medium enterprises...
The Central Bank of Nigeria (CBN) has indicated that it would discontinue the sale of foreign exchange to Deposit Money Banks (DMB) by the end of...
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of...
A huge number of mobile telecommunications subscribers across the country who have been seeking to retrieve their lost Subscriber Identity Module (SIM) cards or acquire new...