Tag: banks
Emefiele: Banks’ll accept old naira notes after deadline
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says commercial banks in the country will continue to accept old naira notes...
Old notes: CBN, banks mop up N1.9trn, N900bn still with Nigerians
The Central Bank of Nigeria (CBN) and commercial banks have mopped N1.9 trillion old naira notes from circulation, leaving N900 billion with Nigerians.
A staggering...
Customers flood banks for collection of new naira notes
Long queues of bank customers, on Friday, thronged Automated Teller Machines (ATMs) of banks at the Federal Capital Territory (FCT) to collect the new...
Banks counter CBN over hoarding of new naira notes
Operators of Commercial Banks in the country have countered the Central Bank of Nigeria (CBN) over claims that the commercial banks have enough naira...
New naira notes: CBN threatens to fine banks N1m daily
The Central Bank of Nigeria (CBN) has vowed to fine any commercial bank that failed to pick up new naira notes for distribution N1...
CBN: We’ll sanction banks hoarding new naira notes
The Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank found hoarding the new naira notes, saying it has produced enough...
Adeduntan urges banks to improve loan monitoring against NPLs build-up
The Managing Director/Chief Executive Officer of First Bank, Dr. Adesola Adeduntan, has urged financial institutions in the country to improve the monitoring of their...
CBN: We’ll monitor banks’ compliance on new naira notes
The Central Bank of Nigeria (CBN) says it would monitor commercial banks to ensure they comply with the directive of loading the redesigned Naira...
CBN stops banks from paying customers new naira notes at counter
The Central Bank of Nigeria (CBN) has ordered commercial banks in the country to stop paying customers the newly redesigned naira notes over the...
Banks suspend int’l transactions on naira cards
Many Nigerian banks have suspended international transactions on their naira Mastercards, with Guaranty Trust Bank Plc (GTBank) becoming the latest bank to join the...
