Elections: Customers Make Last-minute Withdrawals as Banks Close Early Customers of Deposit Money Banks on Friday made last minute withdrawals at various bank branches in Abuja...
Banks’ Instant Pay Transactions Hit 2.5 Million on Val’s Day Bank customers carried out about 2.5 million transactions on Nigeria Interbank Settlement System Instant Pay platform...
Commercial Banks’ Assets, Liabilities Hit N37.14tn The total assets and liabilities of commercial banks stood at N37.14tn at the end of November 2018, representing 0.4 per...
BoI Advises Youths to be Innovative The Bank of Industry has advised the youth to be innovative and begin to make meaningful contributions to the society....
Keystone Bank Introduces First ‘Cheque Deposit’ in Mobile app in Nigeria Keystone Bank Limited, Nigeria’s most innovative banking services provider, has introduced ‘Cheque Deposit’ feature in...
Telecommunications operators and financial services providers on Tuesday traded blame over rising financial frauds perpetrated in the country through telecommunications networks. At a stakeholder meeting on...
Eight Banks Withhold N700m Overpaid to ex- Airways Workers Office of the Nigeria’s Accountant General is at loggerheads with eight banks for unauthorised withholding of over...
IFRS 9 Transition Hurting Banks’ Capital Bases, Says Report The ongoing transaction to International Financial Reporting Standard (IFRS 9) by commercial banks is affecting many lenders’...
RMAFC to Order Probe of Banks Over Stamp Duty Plans have reached advanced stage for the Revenue Mobilisation Allocation and Fiscal Commission to authorise a forensic...
Bad Debts: CBN Plans Tougher Bank Capital Rules The Central Bank of Nigeria plans to introduce fresh capital rules in the second quarter of this year,...