Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs), TheCable can report. Findings by TheCable also showed the limits vary across banks. This followed reported cases
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The Central Bank of Nigeria (CBN) has removed the limits and restrictions on transactions on the Pan-African Payment and Settlement System (PAPSS). This is contained in a circular dated March
The dailies dwell on the Central Bank of Nigeria’s (CBN) revocation of the licences of 4,173 Bureau De Change (BDC) operators.
BY SYLVESTER OSEGHALE One of the most trending accusations that has trailed the Central Bank of Nigeria’s decision to dissolve the boards of Union, Keystone, and Polaris banks and replace
The Central Bank of Nigeria (CBN) has assured depositors of the safety of their funds in the country’s financial institutions.
Three persons have been reportedly killed in Ikere-Ekiti, Ekiti following an armed robbery attack on two banks in the state
The Nigeria Deposit Insurance Corporation says it did not liquidate 20 new banks as claimed by reports on social media.
The International Monetary Fund (IMF) has warned that banks facing higher credit risks could have funding problems due to further
Tope Fasua, the special adviser to President Bola Tinubu on economic affairs, has called for a structural reform of Nigeria’s
BY ADEBAYO ADEKOLA Some banks, pension fund administrators, registrars, employers, and insurance companies usually insist they would only attend to
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