Category: Banking

Bank customers lose N2.72 billion to crooks – Report

  An FITC  analysis has revealed that bank customers in Nigeria lost a total of N2.72 billion...

We’re not hoarding new naira, banks debunk CBN’s claims

Oluwanifemi Ojo   Commercial bank operators in Nigeria have disputed assertions made by the Central...

Extend old, new naira deadline, NLC urges CBN

Wilson Adekumola     President of the Nigeria Labour Congress, Comrade Ayuba Wabba, on Thursday,...

New naira note: CBN insist on January 31st deadline

Juliet Buna   The Central Bank of Nigeria has insisted that there is no going...

New naira: 50% unbanked Nigerians may lose savings, says report

Oluwanifemi Ojo   A new report by the Inclusion for all Initiative predicts that over...

Banks lending rate to customers hits 29.13%

  As of the end of December 2022, the maximum loan rate in the banking...

Monarchs begs CBN to extend old naira deadline

Oluwanifemi Ojo   The OkuIbom Ibibio and President General of Akwa Ibom State Traditional Rulers...

Old naira: Commercial Banks to work Saturdays

The Central Bank of Nigeria has announced that commercial banks would work on Saturdays to...

CBN to charge banks N1m daily over new currency

Wilson Adekumola     The Central Bank Of Nigeria has said that any commercial bank...

CBN fines banks N1m daily over refusal of new naira

Wilson Adekumola   The Central Bank Of Nigeria has said that any commercial bank that...

How to make cardless ATM withdrawal at Fidelity Bank

Oluwanifemi Ojo   Customers of Fidelity Bank can now withdraw cash from the banks Automated...

Access Bank’s Kenyan expansion on course despite setback

Bisola Fatoye Access Bank Plc revealed that its efforts to advance regional trade finance and...