Banks

CBN Releases Phone Numbers, Emails To Report Banks Hoarding Cash From Customers

CBN has released phone numbers and emails to report banks hoarding cash via ATMs and over the counter from customers.…

3 weeks ago

Banks Recapitalization: Why Everyone Is Waiting For UBA Shares Offer – CKN

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

3 months ago

A Failed Attempt To Trigger A Run On Banks

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

6 months ago

Banks Lose N18bn To Fraudsters In 2023 – NIBSS

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

8 months ago

Banks Are In Good Stead To Meet CBN’s Recapitalisation Target – ACAMB

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

9 months ago

CBN Orders Banks To Sell Excess Dollars In 24 Hours

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

11 months ago

CBN To Transfer Dormant Account Balances, Unclaimed Funds

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

2 years ago

More Naira Notes As Banks Get Old Notes Deposited With CBN Today

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

2 years ago

Banks Slash Travel Allowance, Foreign School Fees Over Dollar Shortage

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

2 years ago

Banks Begin Payment Of Old N500, N1,000 Notes

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

2 years ago

Banks Not Shutting Down Services For Elections – ACAMB

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

2 years ago

Three Banks Set Ablaze As Naira Scarcity Protest Rocks Ogun

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

2 years ago

Naira Crisis: Banks Ignore CBN Directive, Collect Old N1,000, N500 From Customers

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

2 years ago

Old N500, N1,000 Notes Remain Legal Tender In Ogun – Dapo Abiodun

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

2 years ago

Adeduntan Urges Banks To Improve Loan Monitoring To Prevent NPLS Build-Up

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

2 years ago

Adeduntan: Banks, Customers Must Approach 2023 With Partnership Mindset

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

2 years ago

CBN Order Banks To Load N200 Notes As Highest ATM Denomination

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

2 years ago

Travellers Stranded As Dollar Shortage Hits Banks

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

2 years ago

Wema Bank Among Best Five Banks In Q1 2022

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

3 years ago

33 Banks Join eNaira Platform As CBN Mints 500m

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

3 years ago