15 Banks for Customer Service in Nigeria
In the digital era, the banking sector has seen significant shifts, and online transactions are now the norm rather than the exception. Read Also: 7 Problems Facing Commercial Bank…
UBA, three other banks pay N1.38bn fine for money laundering
The United Bank for Africa (UBA) Plc and three other banks have paid a fine to the tune of N1.38 billion. ICIR reports that the fine was for…
Access, Fidelity Lead as Banks Acquire Other Banks in Africa
In the last four years, Access Bank has made make inroads into other African markets by acquiring other banks and financial institutions in African countries. Access Bank parent…
Banks count losses as cash crunch eases
Nigerians and deposit money banks have been counting their losses since the beginning of the implementation of the naira redesign policy.Information Guide Nigeria The new naira redesign policy brought…
CBN issues guidelines for banks, OFIs on license conversion
THE Central Bank of Nigeria, CBN, has rolled out Regulatory Guidelines to guide banks and Other Financial Institutions (OFIs) interested in the conversion or re-categorization of their licenses….
Queues disappear as banks increase cash payout to customers
Cash payout has increased in banks customers leading to sharp reduction in the long queues and massive crowds at Nigerian banks.Information Guide Nigeria VANGUARD reports that it visited…
BREAKING: CBN orders Banks to open on Saturdays and Sundays
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to open for operation on Saturdays and Sundays.Information Guide Nigeria This is following the…
JUST IN: CBN Disburses Old Naira Notes to Banks
The Central Bank of Nigeria (CBN) has began the disbursement of old naira notes as the Nigerian government intensified efforts to end the crippling cash scarcity.Information Guide Nigeria…
Banks in Ibadan dispense old naira notes to customers
Following the directive of the Central Bank of Nigeria, commercial banks in different parts of Ibadan have started accepting old naira notes from customers.Information Guide Nigeria The banks…
Banks issuing old notes but refusing to take them back – Nigerians Lament
Some residents in Lagos resident have regretted collecting the old N500 and N1,000 notes from commercial banks.Information Guide Nigeria Recall that some residents collected old notes from banks…