Banking

Surprise, anger as banks reject old naira notes

Commercial banks in the country have started rejecting the old naira notes despite the Supreme Court ruling which temporarily stopped…

3 years ago

Bank official arraigned for stealing N569,225

A 34-year-old microfinance bank official, Olatunde Olatimehin, has been arraigned before the Magistrates’ Court sitting in Lagos for allegedly stealing…

3 years ago

CBN: What Emefiele told Council of State, denies plan to close banks

The Central Bank of Nigeria (CBN) has debunked the reports making the rounds that the apex bank has concluded plans…

3 years ago

Fire guts GTBank

A branch of the Guaranty Trust Bank (GTB) in the Mararaba area of Nasarawa State has been gutted by fire.…

3 years ago

Naira scarcity: Bank workers threaten closure over attacks

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw the services of its members…

3 years ago

New naira notes: Banks shut over customers’ protest in Kogi

Some commercial banks in Kog State closed down on Wednesday after customers staged peaceful protests over their inability to access…

3 years ago

IMF to CBN: Suspend deadline for cash swap to ease hardship

The International Monetary Fund (IMF) has tasked the Central Bank of Nigeria (CBN) to extend the February 10 deadline on…

3 years ago

Imo varsity confers doctorate degree on UBA GMD Alawuba

The Group Managing Director/Chief Executive Officer of the United Bank for Africa (UBA) Plc, Oliver Alawuba, has been conferred with…

3 years ago

Zulum to banks: Dispense new naira notes or I revoke your land

Borno State Governor, Prof. Babagana Zulum, has declared that any bank which refuses to dispense new naira notes over the…

3 years ago

Osinbajo to CBN: Work with fintechs to end naira scarcity

Vice President Yemi Osinbajo has urged the Central Bank of Nigeria (CBN) and commercial banks to work with all financial…

3 years ago

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