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Tag "banks"

Reps panel uncovers N300bn ‘unclaimed funds’ in commercial banks

    Reps panel uncovers N300bn ‘unclaimed funds’ in commercial banks

A house of representatives committee says it has uncovered N300 billion “unclaimed funds” in some banks in the country. Unyime Idem, chairman of the ad hoc committee investigating ‘suspicious and

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Seven killed as gunmen attack banks, police station in Edo

    Seven killed as gunmen attack banks, police station in Edo

Two police officers and five civilians were killed on Thursday when armed robbers attacked four banks in Uromi, Esan north-east LGA of Edo state. The armed men also attacked a

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Banks are aiding fraud in my name, Peter Okoye claims

    Banks are aiding fraud in my name, Peter Okoye claims
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Know Your Rights: You can sue if ATM fails to dispense cash despite being debited

    Know Your Rights: You can sue if ATM fails to dispense cash despite being debited

Glitches in cash dispensing at automated teller machines (ATM) is a common occurrence in Nigeria. On several occasions, many Nigerians have taken to social media platforms to complain about the

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Reps panel threatens to stop six banks from customs duty collection over ‘poor remittances’

  Reps panel threatens to stop six banks from customs duty collection over ‘poor remittances’

A house of representatives panel has threatened to exclude six banks from collecting customs duties for the federal government over

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‘It’s reckless behaviour’ — police warn banks in Ogun over ‘false robbery threats’

  ‘It’s reckless behaviour’ — police warn banks in Ogun over ‘false robbery threats’

The Ogun police command has warned banks and others financial institutions in Ijebu-Ode and its environs that it would not

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Envoy ‘in talks’ with Chinese banks to establish operations in Nigeria

  Envoy ‘in talks’ with Chinese banks to establish operations in Nigeria

Cui Jianchun, Chinese ambassador to Nigeria, says there are ongoing talks with Chinese-owned banks to establish operations in Nigeria. Jianchum

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Osinbajo asks banks to finance housing, renewable energy projects

  Osinbajo asks banks to finance housing, renewable energy projects

Vice President Yemi Osinbajo has asked the banking sector to finance housing and renewable energy projects. The vice president described

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Emefiele: Nigeria’s 15trn infrastructure company will be unveiled in October

  Emefiele: Nigeria’s 15trn infrastructure company will be unveiled in October

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the Infrastructure Corporation of Nigeria (Infra-Co) will be unveiled

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Desist from forex malpractices or face suspension, CBN warns banks

The Central Bank of Nigeria (CBN) has warned that banks involved in any form of foreign exchange (FX) malpractice risk

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