Banking

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

APC govs to Buhari: Let old, new naira notes coexist till Dec 2023

Governors elected on the platform of the All Progressives Congress (APC) have demanded the concurrent use of the new and…

3 years ago

Naira notes: Buhari decries banks’ inefficiency, to take major decision in 7 days

President Muhammadu Buhari on Friday, February 3, lambasted Nigerian banks, declaring that most of them are inefficient. “Some banks are…

3 years ago

GTBank takes over Stallion’s assets over N13bn debt

Guaranty Trust Bank (GTB) has taken possession of the assets of Stallion Nigeria Limited in Lagos and its sister firms.…

3 years ago

CBN orders banks to pay Nigerians N20,000 new notes

The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying N20,000 new notes to…

3 years ago

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