Tag: banks
Banks get guidelines to sell 60% shares in DisCos
The Bureau of Public Enterprises (BPE) has issued guidelines to the banks/lenders for the sale of their 60% shares in the assets of Electricity...
New naira notes flood parties despite shortage at banks
Huge wads of the newly redesigned naira notes have flooded several events in the country despite complaints by several banks that they had run...
Banks dispense redesigned naira notes to customers
Commercial banks in Nigeria, on Thursday, commenced the dispensation of newly redesigned naira notes to customers.
Scores of customers were paid the newly redesigned naira...
CBN begins distribution of new naira notes to banks
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank has commenced the distribution of the redesigned naira notes...
Naira redesign: CBN orders banks to work on Saturdays
The Central Bank of Nigeria (CBN) has directed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank...
Gov: Four out of 17 local councils in Yobe have banks
Of the 17 local government areas in Yobe State, only four have banks operating in their council areas.
As a result, most residents who are...
AMCON recovers N307bn from bank debtors in 2 years
The Asset Management Corporation of Nigeria (AMCON) has recovered N307 billion from recalcitrant debtors in two years.
In 2020, the sum of N146 billion was...
FIRS appoints MTN, Airtel, banks to withhold VAT
The Federal Inland Revenue Service (FIRS) has appointed MTN, Airtel, as well as Nigerian banks to withhold Value Added Tax (VAT) charged on all...
Military nabs terrorists’ collaborators while withdrawing N14m
Troops of Operation Hadarin Daji have apprehended two terrorists’ collaborators in Zaria, Kaduna State, who are linked to one Alhaji Abubakar, their financier.
The suspects...
Fraudsters hack Nigerian bank, steal customer’s N523m
A team of fraudsters have hacked into the system of one of Nigeria’s Tier 1 banks, stealing N523,337,100 from a customer’s account.
The fraudsters posted...
