Tuesday, April 23, 2024
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Tag "Commercial Banks"

DBN to disburse N150bn loan to 120,000 MSMEs in 2023

    DBN to disburse N150bn loan to 120,000 MSMEs in 2023

The Development Bank of Nigeria (DBN) says it plans to disburse N150 billion to micro, small, and medium enterprises (MSMEs) across the country in 2023. Joseph Nnanna, chief economist at

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Reps to CBN: Ask banks to stop demanding customers’ social media handles

    Reps to CBN: Ask banks to stop demanding customers’ social media handles

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the directive that banks should collect and verify the social media handles of customers. The lower

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Banks dispense cash on Saturday — but maintain withdrawal limits

    Banks dispense cash on Saturday — but maintain withdrawal limits

In line with the directive of the Central Bank of Nigeria (CBN), commercial banks dispensed cash to their customers on Saturday. On Friday, the apex bank said it had evacuated banknotes

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Cash withdrawals: Banks comply with CBN’s directive to operate on weekends

    Cash withdrawals: Banks comply with CBN’s directive to operate on weekends

In compliance with the Central Bank of Nigeria’s (CBN) latest directive, commercial banks have announced that their various branches will be open on weekends for customers to deposit and withdraw

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CIBN to Nigerians: Shun violence… banks will remain open if safety is guaranteed

  CIBN to Nigerians: Shun violence… banks will remain open if safety is guaranteed

The Chartered Institute of Bankers of Nigeria (CIBN) says it is working with the body of banks chief executive officers

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Naira scarcity: Banks close early, ATMs empty as withdrawal limit falls below CBN directive

  Naira scarcity: Banks close early, ATMs empty as withdrawal limit falls below CBN directive

The cash scarcity in parts of the country may worsen as some banks in Lagos have stopped dispensing both the

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Banks begin dispensing redesigned naira notes — but limited supply in circulation

  Banks begin dispensing redesigned naira notes — but limited supply in circulation

In line with the directive of the Central Bank of Nigeria (CBN), deposit money banks (DMB) began dispensing the redesigned

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Report: CBN directs banks in Niger to continue strike amid tax crisis

The Central Bank of Nigeria (CBN) has directed commercial banks in Niger state to continue the strike until the state’s

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Gbaja to banks: Stop hidden charges, exploitative marketing

  Gbaja to banks: Stop hidden charges, exploitative marketing

Femi Gbajabiamila, speaker of the house of representatives, has called on deposit money banks (DMBs) in the country to end

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Presidential panel to recover $7bn bailout funds from banks

  Presidential panel to recover $7bn bailout funds from banks

Okoi Obono-Obla, chairman of the special presidential panel for the recovery of public property, says his panel will recover $7

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