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CBN reduces charges on electronic transactions

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The Central Bank of Nigeria (CBN) has reviewed downward charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial...

Okoye vows to sue banks over scammers

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Popular Nigerian singer, Peter Okoye, widely known as Mr P, has vowed to take legal actions against banks in Nigeria after his name was...

Customers stranded at ATM points in Ibadan

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Many bank customers in Ibadan were, on Tuesday, stranded at various automated teller machine (ATM) points in Ibadan. A correspondent of the News Agency of...

DSS bursts syndicate that trails people to banks to rob them

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The Department of State Services (DSS), Kano State Command, has arrested three suspected members of a notorious syndicate that specialises in trailing people to...

FRC to sanction banks for violating loan conditions to states

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The Fiscal Responsibility Commission (FRC) has notified about 14 banks and financial institutions allegedly granting loans without due process to state governments. Executive Chairman of...

Court freezes Benue govt’s bank accounts over N333m loan

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Following its inability to pay back N333 million loan borrowed in 2008, a Federal High Court in Abuja has made an interim order, freezing...

How bank manager forged my signature to divert N42.5m – Hotelier

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A hotelier, Mr. Babatunde Emmanuel on Wednesday before an Ikeja Special Offences Court, alleged that Access Bank Plc., relied on forged documents to authorise...

CBN: Nigerian banks remain stable, resilient despite COVID-19

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In spite of the COVID-19 pandemic, Nigerian banks have remained stable, robust and resilient. This is the submission of the Central Bank of Nigeria (CBN). The Director,...
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