Tag: banks, fct, Kidnappers
Beware! In FCT, kidnappers now collect ransome through banks
…Adewuyi’s husband paid N500,000 into an Access Bank account with number 1403762272 and the name Badawi Abba Enterprise… Kidnappers operating...
CBN to up forex allocation to banks
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This...
Four policemen killed as over 35 robbers storm Osun banks
At least, four policemen have been confirmed dead after over 35 armed robbers stormed Ikire town in Osun State Wednesday evening. The officers whose names...
Interest rates hike imminent as banks plan to shift burden of N10trn debit to borrowers
Rattled by a N10trn debit,Nigerian banks have notified borrowers of imminent Interest Rates Hike As a result,the Commercial banks in Nigeria are finding ways to...
World IP Day: Banks urged to collateralise IP assets to boost SMEs input to national development
Banks and financial institutions have been called upon to embrace the collateralisation of IP assets to support Small and Medium-Sized Enterprises (SMEs) in the creative...
How Nigerian banks borrow N15.95bn from CBN in one month + Full list
Commercial Banks in Nigeria borrowed N15.95 billion from the Central Bank of Nigeria (CBN) in the Standing Lending Facility window in November, 2020. The...
Excess Liquidity:Banks cut borrowings from CBN -Report
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria. The CBN attributed this new development to excess liquidity in the...
CBN tells banks, others to close crypto currency accounts
The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs) and Other Financial Institutions (OFls) to...
Daily deposit with CBN: Banks record drop
The Central Bank of Nigeria (CBN) has said average daily deposit amount of N84.27 billion in 246 transaction days in 2018 dropped to N48.32 billion in 251...
Insider abuse responsible for high rate of frauds in banks – CBN
…….Receives 2,051 fraud-related complaints in six months The Central Bank of Nigeria (CBN) said case of insider abuse is responsible for the high rate of...
