BANKS: SMS Alert Charges Raised by 50%
Deposit Money Banks (DMBs) have raised their short message service (SMS) alert charges by 50 per cent with effect from ...
Tag: Banks
TARIFF HIKE: Telcos, ICT Firms in N1.69tn Debit to Banks
Information, communication, and technology firms, including telecommunications companies in Nigeria, owed Deposit Money Banks N1.69tn as of September 2024 amid ...
FG Issues Banks, Telcos Six-Month Ultimatum On N250bn USSD Debt
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a final directive to Deposit Money Banks and ...
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 ...
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 ...
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