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Investors lose N638bn as telco, banks’ shares depreciate

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The Nigerian Exchange Ltd. closed trading on Wednesday, January 10, 2024 on a negative note, due to price depreciation posted by Tier-one bank stocks...

Acquisition: Your money safe in banks, CBN assures Nigerians

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The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting...

CBN: Banks colluding with PoS operators to disrupt naira circulation

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The Central Bank of Nigeria (CBN) says there is a collusion between some Deposit Money Banks (DMBs) and Point-of-Sale (PoS) operators affecting the availability...

N3.5bn debt: Court freezes Oyo govt’s accounts in 10 banks

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The accounts of the Oyo State Government in 10 commercial banks in the country have been frozen. The banks in which the state government’s accounts...

CBN: Nigerian banks are buoyant

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The Central Bank of Nigeria (CBN) has assured the banking public that Nigerian banks are buoyant. The CBN said this in a statement issued by...

Economy: CBN announces new recapitalisation for banks

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The Central Bank of Nigeria (CBN) has announced plans to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs) in...

Strike: Students sent home, banks shut in Ondo

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Pupils and students of public schools in Akure, the Ondo State capital, were on Tuesday sent home following the directive by the Organised Labour...

Labour Strike: Students sent home, banks locked in Osogbo

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Students in public schools in Osogbo, Osun, were sent home on Tuesday following the nationwide strike declared by Nigeria Labour Congress (NLC) and the Trade Union...

4 Benue banks robbery suspects arrested

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Security operatives have arrested no fewer than four armed robbery suspects who attacked some commercial banks in Benue State. It was gathered that the suspects...

Robbers attack banks in Benue, kill 10

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No fewer than ten people, including three police officers, have been killed in a bank robbery in the Otukpo Local Government Area of Benue...
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