Tag: banks, FG
Again, FG directs banks, other account holders to re-register
For the second time in five years,the Federal Government has directed all account holders in the country’s financial institutions to register their details...
Over 20 million Nigerian youths are unemployed – Okeke
…Says digital training is the new normal to provide jobs and save economy …Banks in the country are healthier Former chief economist of Zenith Bank Plc.,...
Reverse ATM failure within 24 hrs, CBN to banks
The Central Bank of Nigeria (CBN), has revised timelines for reversals and/or resolution of refund complaints on electronic channels. The revised timelines will...
COVID-19:IMF advises banks to suspend dividend payment
The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends during the COVID-19...
Banks insist on payment in foreign currencies to foreign business partners
DEPOSIT Money Banks (DMBs) are turning down payment requests from customers seeking to pay business partners abroad with naira debit cards. Banks are asking...
Let’s build ethical leadership in banks – Olowu
t The outgoing President/Chairman of Council of The Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uche Messiah Olowu has called on stakeholders in the Banking...
COVID-19: Anxiety over spread as customers, commuters besiege banks, bust stops
Fears of possible hike in the number of infections heightened Monday morning as many Nigerians trooped out after the lockdown was relaxed. Newdawn Reports...
CBN slashes banks’ ATM withdrawal charges from N65 to N35
The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The N35 ATM fee...
Banking sector braces up for new recapitalisation by 2020 – Invistigation
Uncertainty looms in the banking sector over proposed plan by the Central Bank of Nigeria (CBN) to recapitalize commercial banks operating in the country, our...
Senate probes N20trn un-remitted stamp dutoes from banks, others
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, an amount...
