Tag: banks
Senate orders CBN to suspend unscrupulous ATM charges by banks
The Nigerian Senate on Wednesday moved against illicit and excessive charges by Nigerian banks on customers accounts with particular focus…
Anti-graft heat turns on banks
In a renewed battle against corruption, the Central Bank of Kenya (CBK) has issued a stern warning that it would…
Strike: Federal, State Secretariats, banks, shut in Ibadan
Workers deserted both the Federal and State Secretariats in Ibadan, Oyo State, on Thursday in compliance with the seven-day warning…
Ebonyi demands 11 year financial statements from banks
The Ebonyi Government on Monday directed banks that have financial dealings with it to immediately submit its accounts statements from…
Oyo seals 12 banks over non-payment of levy
Twelve banks in Ibadan, the Oyo State capital, were sealed on Monday morning by the state’s Board of Internal Revenue…
CBN fines 4 banks N5.87bn over forex irregularities
The Central Bank of Nigeria (CBN) on Wednesday imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and…
CBN imposes N5.87bn fine on four banks for violating extant laws
The Central Bank of Nigeria, CBN, has imposed a fine of N5.87bn on four banks for flagrant violation of extant…
Banks’ lending to private sector decline by N600.60bn in 6 quarters
The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first…
MTN, 12 banks sign N200b medium term loan agreement
Mobile telephone operator, MTN on Wednesday signed a seven-year N200 billion medium term loan agreement with a consortium of 12…
Lagos shuts 5 banks, 80 buildings at Allen Avenue
Officials of the Lagos State Building Control Agency, LASBCA, on Tuesday shutdown five banks and over 80 buildings at Allen…
Stolen $99m: Kenya to investigate 10 banks
Kenyan authorities will investigate 10 financial institutions suspected of handling funds that were stolen from the government’s National Youth Service…
Cryptocurrencies: Zimbabwe bans banks from trading, processing payments
Reserve Bank of Zimbabwe says it has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin.
Banks record N1.56bn ATM transaction in first quarter of 2018
Banks have recorded N1.56 trillion transactions through the Automated Teller Machine (ATM) in the first quarter of 2018, National Bureau…
Banks are ripping us through ATMs, customers cry out
Commercial Bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM)…
Video: Banks, churches more corrupt – Femi Falana
Renowned human rights activist, Femi Falana (SAN) has hit hard on the banks and churches as being nests of corruption,…