Tag: Banks
AMMBAN urges CBN, banks to address cash scarcity, fraud in Nigeria
AMMBAN urges CBN, banks to address cash scarcity, fraud in Nigeria
The leadership of the Taraba State chapter of the Association of Mobile Money and...
CBN probes Banks, PoS operators over naira scarcity
The Central Bank of Nigeria says it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in the country.
It...
Banks deduct debtors other accounts, non-performing loans hit N1.5tn
Banks in the country have continued to write off debts and debit accounts of recalcitrant debtors in other banks in order to tone down...
Banks to embark on two-day nationwide strike from Tuesday
Banks in Nigeria are set to go on a two-day nationwide strike from September 5 and 6, 2023. The strike notice was issued by...
NCC Okays Disconnection Of USSD Services For Banks Over N120bn Debt...
Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission, NCC, to disconnect banks over N120 billion Unstructured Supplementary...
Banks cut PTA/BTA By 50% to $2,000
Commercial banks have started cutting personal travel allowance (PTA) and Business Travel Allowance (BTA) by 50 per cent from $4,000 to $2,000, as the...
New Naira notes: Banks in Kogi close down over customers’ protests
Some commercial banks in Kogi closed down on Wednesday when customers staged peaceful protests over their inability to access money for daily use.
In Lokoja...
Nigeria’s total debt hits N44.06tr
Nigeria’s public debt rose to N44.06tn in the third quarter of 2022 as it continues with repayment burden.
According to a press statement published on...
Investigate customers’ income sources, says EFCC to banks
Investigate customers’ income sources, says EFCC to banks
News Digest - The Economic and Financial Crimes Commission (EFCC) has asked banks to investigate the sources...
BREAKING: USSD suspension: Banks reconnect MTN to banking channels
BREAKING: USSD suspension: Banks reconnect MTN to banking channels
NEWS DIGEST - Commercial banks on Sunday have reconnected MTN customers to banking channels.
This is coming...