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Commercial banks in Nigeria have closed 2.021 million bank accounts in the first quarter of 2024, Q1’24. The move was taken to comply with regulatory orders...
Nigerian commercial banks are set to be reportedly inducing their customers to sell the foreign currencies domiciled in their branches. Naija News gathered that some banks...
The Central Bank of Nigeria (CBN) has released a guide on how and where bank customers can lodge a complaint against any Financial Institutions regulated by...
The House of Representatives has resolved to look into the matter concerning excess and ‘illegal’ charges by commercial banks in the country. The members resolved the...
The Central Bank of Nigeria (CBN) has ordered all commercial banks and other financial institutions to regularly monitor the accounts of Politically Exposed Persons (PEP) in...
Reports have revealed how the Central Bank of Nigeria (CBN) allegedly issued contradictory directives on Friday (today) over the acceptability of old N1000, and N500 notes...
Commercial banks across the country have counted losses in billions of naira following pockets of protests that erupted from protests against cash scarcity. Naija News reports...
The Katsina State branch of the Central Bank of Nigeria (CBN) has revealed that planes expected to transport new naira notes into the state on Monday...
A commercial bank manager has been arrested in Abuja by the Economic and Financial Commission (EFCC) for allegedly hoarding new naira notes. The senior bank official...
As part of efforts to ensure Nigerians return the old naira notes, the Central Bank of Nigeria (CBN) has directed all commercial banks in the country...
Commercial banks in the Ijebu-Ode area of Ogun State have suspended their services over a notice of attack reportedly sent by daring armed robbers. About two...
Nigeria’s Minister of Communications and Digital Economy, Isa Ali Pantami, has reacted to the fallout between Mobile Telephone Network (MTN) and some commercial banks in Nigeria....
Commercial banks in Nigeria have started charging customers for failed transactions. Naija News Learnt that the new charges were imposed following a CBN directive earlier this...
The Central Bank of Nigeria has given a new directive to all commercial banks in the country. The apex bank who gave the new directive in...
The Central Bank of Nigeria has revealed how seven different commercial banks in the country could not pass its stress test. Naija News learnt that the...
The Central Bank of Nigeria (CBN) has proposed an increase in the minimum capital base for commercial banks in Nigeria to one hundred billion naira. Naija...
The Special Presidential Investigation Panel for the recovery of Public Property (SPIP), says it has recovered over 40 million naira for the Federal Government from one...
The Director of Banking Supervision of the Central Bank of Nigeria (CBN), Abdullahi Ahmad, has said that banks that fund projects in agriculture and manufacturing sectors, will...
-The companies would remain closed till they pay their taxes owed between 2006 and 2017 Revenue Board Closes Hotels, Commercial Institutions in Enugu The Enugu State...
Some commercial banks have been alleged of assisting fraudulent government officials to manage secret accounts without Bank Verification Numbers. Acting Chairman of the Economic and Financial...