Banks Increase Withdrawal Limit to N50,000
Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to N50,000 per day. A ...
Tag: Banks
UNVERIFIED POS OPERATORS: Reps to Summon CBN, Banks
The House of Representatives on Wednesday resolved to invite the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and ...
FG Slams N400m Fine on Four Banks, Others for Data Breach
The Nigeria Data Protection Commission has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are currently ...
CBN Releases List Of Licensed Deposit Money Banks (FULL LIST)
The Central Bank of Nigeria has released a comprehensive list of licensed Deposit Money Banks operating within the country. The ...
CBN Announces New Guidelines On Recapitalisation Policy, Raises Capital Base For Mega Banks To N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the ...
Why Banks Can’t Pay Dividends From FX Revaluation Gains- CBN
The Central Bank of Nigeria, CBN, has reiterated that banks operating in the country cannot use their foreign exchange revaluation ...
CBN INVESTIGATION: Banks Hold Positive Outlook On NGX
Banking stocks on the Nigerian Exchange Limited maintained their positive trend as the local bourse shed N139bn on the first ...
Banks’ USSD Debt To Telcos Reaches N200bn
Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. This is following a slowing of negotiations between ...
Eleven Banks Rake In N280bn From E-Banking, Govt Eyes N584bn
Eleven banks in the country raked in N279.85bn in the first nine months of 2023, an analysis of their financial ...
Robbers Raid Three Banks In Benue, Kill Seven, Cart Away With Millions Of Naira
Daredevil armed robbers on Friday stormed three banks in the Otukpo area of Benue State and carted away money several ...
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