The Central Bank of Nigeria (CBN) has announced major changes to its cash-handling policies, abolishing the ceiling on cash deposits and raising the weekly withdrawal limit...
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, revealed that some insured depositors of the defunct Heritage Bank Limited have yet...
In July 2024, commercial and merchant banks closed 23.3 million customer accounts. This marks a 0.56% month-on-month increase from the 23.17 million accounts closed in June....