Tag: banks

YNaijaNovember 17, 2022

Naira redesign: CBN instructs banks to open on Saturdays

The Central Bank of Nigeria has directed that commercial banks in the country remain open on Saturdays until January 31, ...

tosin adesinaAugust 8, 2018

Banks are defying a court order to illegally collect stamp duties from customers

April 21, 2016 the court of appeal Lagos division under the lordship of Justice Ibrahim Saulawa and four other Justices ...

AzeezOctober 5, 2017

We didn’t collude with banks to prevent remittance of funds into the TSA – NNPC

The Nigerian National Petroleum Corporation (NNPC) has denied the report that it was aware that some banks did not remit ...

AzeezSeptember 27, 2017

How corrupt officials are diverting loots to accounts without BVN – EFCC

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) had said some banks are aiding corrupt officials to ...

AzeezSeptember 20, 2017

Reps have not directed banks to unfreeze Jonathan’s accounts – Gbajabiamila

Majority leader of the House of Representatives, Femi Gbajabiamila has said the lower chamber has not ordered banks to unblock ...

ToluJuly 22, 2017

N31 million ransom for Igbonla six, $793.2 million illegal cash in banks | The 5 numbers that mattered this week

1.2 million – The National Examination Council (NECO) said out of the 7,410,030 candidates that sat for the Senior School ...

EditorJuly 20, 2017

Visa and leading banks bring mobile payments to Nigeria

Global payments leader Visa has launched mVisa, its innovative mobile payment service, in Nigeria. The solution is being rolled out ...

EditorJuly 14, 2017

9Mobile and Banks: Should we be worried about our money?

by Alexander O. Onukwue N541bn: That was the amount owed by Etisalat Nigeria to ten commercial banks who were involved ...

AzeezJune 13, 2017

Recover N536bn unremitted funds within 7 days, Senate orders CBN

The Senate on Tuesday asked the Central Bank of Nigeria to recover monies collected by banks on behalf of Nigeria ...

AzeezJune 7, 2017

Robbers loot 3 banks, kill 4 policemen in Osun

Armed Robbers on Tuesday attacked three commercial banks and killed four policemen in Iwo, Osun State, Punch reports. The robbers reportedly ...

AzeezJune 6, 2017

Banks involved in transfer of stolen funds should be made to face consequences – Osinbajo

Acting President Yemi Osinbajo has called for the prosecution of international banking institutions aiding the laundering of stolen funds from ...

AzeezJune 5, 2017

I am confident presidency will sign 2017 budget soon – Saraki

Senate President Bukola Saraki has said Nigerians should not be apprehensive whether the Presidency will sign the 2017 budget or ...

Oludolapo AdelanaMarch 8, 2017

BREAKING: 3 Nigerian banks set to take over Etisalat over N541.8bn loan

by Dolapo Adelana Three Nigerian banks are set to take over telecommunications firm, Etisalat over its failure to pay a ...

AzeezFebruary 23, 2017

I am not indebted to any commercial bank – Stella Oduah

by Azeez Adeniyi Senator Stella Oduah has said allegations that she is indebted to some commercial banks are untrue. A ...

AzeezFebruary 10, 2017

‘Muslim Brotherhood’ planning massive attacks on banks, prisons, FG raises alarm

The Federal Government on Friday raised an alarm that the Muslim Brotherhood, an affiliate to Boko Haram is planning to ...

Op-ed EditorNovember 30, 2016

Opinion: Can Finweb become the jet engine for small businesses in Nigeria?

by Ade Olabode If you’re a small business data junkie, then chances are you’ve heard of finweb. For the uninitiated, ...

Op-ed EditorNovember 21, 2016

Cheta Nwanze: Nigerian banks should be held for murder

by Cheta Nwanze This tweet, a few months ago, brought home to me, just how horrible Nigerian banks, and/or their ...

AzeezOctober 16, 2016

Oil importers, banks defrauded the govt – Buhari

President Muhammadu Buhari has said oil importers colluded with banks over the years to defraud the government. Buhari said this ...

Op-ed EditorOctober 15, 2016

Opinion: What’s behind Africa’s growing love for digital finance?

by Calvin Ebun-Amu 2007, Kenya’s dominant cellular provider, Safaricom, launched M-Pesa. The service allowed users to send and receive digital ...

Oludolapo AdelanaSeptember 24, 2016

Sanusi replies Falana, says he is ready for probe

A former governor of the Central Bank of Nigeria, Lamido Sanusi says he is ready for his time as head ...

Oludolapo AdelanaSeptember 20, 2016

Magu confirms EFCC is investigating Patience Jonathan

The Chairman of the Economics and Financial Crimes Commission (EFCC) has confirmed that the anti-graft agency is investigating former first ...

Mazi EmekaSeptember 16, 2016

#30Days30Voices: ‘For days now, the economic situation has worsened’

In recent months several financial institutions have been in the news for either laying off workers or having financial difficulties. ...

ToluSeptember 8, 2016

5 ways Nigeria can get out of economic recession, according to Dr. Olisa Agbakoba

Former President of the Nigerian Bar Association (NBA) and Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba has proffered expert ...

Op-Ed EditorJuly 2, 2016

Opinion: 6 success factors for state government’s TSA implementation

By Jubril Gawat Top on the 22 stringent conditions dished out by the Federal Government, which the 36 states must ...

Mazi EmekaJune 25, 2016

We’ll soon go after banks, MDs – EFCC boss, Magu

The Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, on Friday, expressed his resolve to fight the war against ...

Mazi EmekaJune 18, 2016

The Big 5: These are the stories you should be monitoring today

These are the top five news stories to monitor today. 1) Ex-militants say Jonathan’s associates behind militancy The Movement for ...

Mazi EmekaJune 18, 2016

Shocker: ‘Looters hide money in uncompleted buildings’ – EFCC boss

Due to the ongoing anti-corruption war, looters now hide their stolen monies in uncompleted buildings instead of banks, says the ...

Mallam YeroJune 17, 2016

CBN does a turnaround, allows all banks to be primary forex dealers

The Central Bank of Nigeria (CBN) is believed to have thrown the door open for all banks in the country ...

Kolapo OlapojuJune 15, 2016

Six banks given 14-day ultimatum to recall sacked workers

The Nigeria Labour Congress has issued a 14-day ultimatum to banks to recall all workers who have been sacked in ...

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