OPINION: Systemically Weak Banks Put Nigeria’s $1tn Ambition At Risk
Nigeria’s banking sector has just undergone one of its most ambitious recapitalisation exercises in two…
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Browsing Tag
Bank
Bank Customers Remain Stranded As Network Issue Persists Over 24 Hours
Customers of Stanbic IBTC Bank have been left stranded for over 24 hours after the bank experienced network…
TIN Not Needed To Operate Bank Accounts—FIRS
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians are not required to obtain a separate Tax…
UBA Extends ₦157.8bn Rights Issue By Two Weeks After SEC Approval
United Bank for Africa Plc (UBA) has announced a two-week extension of its ongoing ₦157.84bn rights issue,…
Court Fines Bank N85m For Freezing Customer’s Account
An FCT High Court has slammed N85m fine on Zenith Bank Plc and the Nigeria Police Force (NPF) for unlawfully…
Citigroup Targets Small Business To Boost Revenue
Citigroup said it is expanding its services to small and mid-sized businesses globally, aiming to double its…
Bank MDs, Others To Get Five Year Jail Term For Receiving Bribes To Secure Loan
Any director, manager, officer or employee of a bank or any other person receiving remuneration from the bank that…
Teenager Stayed Inside Bank’s Toilet To Steal Money After Closing Time
A 16-year-old boy, Adekunle Ayomikun, alleged to have broken into a bank to steal money from the bulk room was on…
Bank of America Freeze Accounts of Customers Over Citizenship Inquiries
The Bank of America in the United States is targeting some of its customers due to questions surrounding their…
CBN Injects $543m, CNY 63m Into Forex Market
The Central Bank of Nigeria, on Thursday and Friday, injected a total sum of $543.22 million and CNY 63.21 million…