Tag: Banks

In March 2024 the Central Bank of Nigeria announced the new guidelines on its recapitalization policy for banks in the ...

As market sentiment remains highly volatile and driven by news flow, banks liquidity levels can become vulnerable due to spread ...

Banks have lost N18bn to fraudsters in 2023, according to NIBSS.   Glamtush reports that the Nigeria Inter-Bank Settlement System (NIBSS) ...

ACAMB has disclosed that banks are in good stead to meet CBN’s recapitalisation target.     Glamtush reports that the ...

CBN has ordered banks to sell excess dollars in 24 hours.   Glamtush reports that the Central Bank of Nigeria ...

CBN says it will transfer dormant account balances and unclaimed funds.   Glamtush reports that the Central Bank of Nigeria ...

There are more Naira notes as banks get old notes deposited with CBN today. Reliable sources in the CBN said ...

Banks have slashed travel allowance and foreign school fees over dollar shortage.   Glamtush reports that Deposit Money Banks have ...

Banks have begun the payment of old N500 and N1,000 notes.   Glamtush reports that following the Supreme Court judgment, ...

ACAMB has disclosed that banks are not shutting down services for elections.   Glamtush reports that the Association of Corporate ...

Three banks have been set ablze as naira scarcity protest rocked Ogun.   Glamtush reports that at least three banks ...

Banks have ignored CBN directive to collect old N1,000 and N500 from customers on Saturday over the naira crisis. Glamtush ...

Dapo Abiodun has said thay old N500 and N1,000 notes remain legal tender in ogun.   Glamtush reports that Ogun ...

Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and ...

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the ...

CBN has ordered banks to load N200 notes as the highest ATM denomination.   Glamtush reports that the Central Bank of ...

Travellers have been stranded as the dollar shortage hits banks. Glamtush reports that Nigerians are finding it increasingly difficult to access ...

The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in ...

33 banks have joined the eNaira platform as CBN mints 500m. Glmtush reports that the Governor of the Central Bank ...

Hundreds of bank customers were left stranded on Tuesday as the officials of the Imo State Government shut all the ...