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NDIC warns bank customers: Fraudsters becoming more creative

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The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details, saying fraudsters were becoming more creative. The...

Banks issue old notes in Abuja, customers lament rejection 

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Commercial banks in the Federal Capital Territory (FCT), Abuja have started issuing the old Naira notes to customers. Checks at some banks in Abuja on...

CBN issues operational guidelines on open banking

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The Central Bank of Nigeria (CBN) on Wednesday, March 8, issued operational guidelines for open banking in Nigeria on Wednesday. The guidelines establish principles for...

Old naira notes: Customers stranded as banks refuse to start cash...

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Commercial banks in some parts of the Federal Capital Territory (FCT) are yet to commence cash payment, leaving customers stranded and frustrated in spite...

Banks begin payment of old N500, N1,000 notes

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Some commercial banks have started paying customers old N500 and N1,000 notes on Monday, March 6. Some of the banks that paid the old notes...

ACAMB: Banks won’t shut down services for elections

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The Association of Corporate Affairs Managers of Banks (ACAMB) says all bank branches and digital channels will be open for banking services before, during,...

Naira scarcity: Attack on Sagamu banks politically motivated, says govt

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The Ogun State Government has said the attack on banks in the Sagamu area of the state on Monday was politically motivated. The state government...

Naira scarcity: Protesters set ablaze 3 banks in Ogun

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No fewer than three banks were set ablaze by protesters in the Sagamu area of Ogun State on Monday morning over the scarcity of...

Naira scarcity: Police arrest 15 for destroying banks in A’Ibom

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The operatives of the Akwa Ibom State Police Command have arrested no fewer than 15 persons over alleged destruction of banks in Oron Local...

Naira scarcity: CIBN calls for calm, says banks’ll remain open

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The Chartered Institute of Bankers of Nigeria (CIBN) says it was liaising with banks' CEOs to address the current challenges caused by the cash...
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