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Tag "banks"

JAMB, banks pass the buck over UTME registration hitches

    JAMB, banks pass the buck over UTME registration hitches

Banks and JAMB are trading blames over the inability of many candidates to register for the 2017/2018 Unified Tertiary Matriculation Examinations (UTME). Although candidates across the country were experiencing difficulties

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No more 375! You can now get dollars N360/$1 across banks

    No more 375! You can now get dollars N360/$1 across banks

The Central Bank of Nigeria (CBN) says banks will no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances. CBN,

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Adeosun: Like banks, we must recapitalise insurance companies

    Adeosun: Like banks, we must recapitalise insurance companies

Kemi Adeosun, minister of finance, says Nigeria must recapitalise its insurance sector just the way banks were recapitalised to drive effectiveness. Speaking at the National Insurance Conference in Abuja on

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CBN: No Nigerian bank in distress… not even Skye

    CBN: No Nigerian bank in distress… not even Skye

The Central Bank of Nigeria (CBN) says no bank in the country is currently in financial distress. In a statement released on Wednesday by Isaac Okorafor, acting director, corporate communications of

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NDIC: Banks defrauded of N18bn in 2015 – but that’s better

  NDIC: Banks defrauded of N18bn in 2015 – but that’s better

Banks in Nigeria lost N18.021 billion in 2015, representing a N7.59 billion or 29.63 per cent decrease from 2014, the Nigeria Deposit

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FG: Nigerians’ll start seeing budget impact from July

  FG: Nigerians’ll start seeing budget impact from July

Udo Udoma, minister of budget and planning, says Nigerians will start feeling the impact of the 2016 budget from the

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70m Nigerians excluded from banking sector, says IMF

  70m Nigerians excluded from banking sector, says IMF

The International Monetary Fund (IMF) says 40 percent of Nigeria’s 180 million citizens are excluded from conventional banking, with only

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Banks resume collection of cash deposits in dom accounts

  Banks resume collection of cash deposits in dom accounts

Commercial banks in Nigeria have started accepting cash deposits of foreign exchange from their customers. In August 2015, the Central

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