BANKS

A 43-year-old man Sunday Ozimede, who allegedly hacked Moniepoint Microfinance Bank Vault and stole the sum of N1,190, 728, 076 bn, from…
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Consumers have expressed deep concerns over the planned disconnection of Unstructured Supplementary Service Data (USSD) services for nine banks by telecommunications companies…
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The Nigerian Communications Commission (NCC) has directed telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes of nine financial…
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The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability…
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The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated…
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Five persons have been reportedly feared dead with many properties including banks, and vehicles burnt in a tanker explosion in Agbor,…
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At least five people have been reported dead, and several property, including two banks, were destroyed in a petrol tanker explosion…
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Nine Nigerian banks collectively earned N4.85tn in interest income on loans and advances to customers in the first nine months of 2024,…
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The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed Deposit Money Banks (DMBs) and Mobile Network Operators (MNOs) to settle the…
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Nigeria continues to face cash scarcity despite a significant year-on-year increase of N1.59 trillion in the amount of currency held…
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