Banks donate multi-million relief materials to flood victims
Nigerian banks have donated multi-million-naira relief materials to victims of recent floods, pledging to continue supporting the socio-economic development of ...
Tag: banks
CBN to Banks: Supply mint naira notes to hawkers, pay N150m fine per branch
The Central Bank of Nigeria (CBN) has issued a stern warning to banks engaging in the unlawful circulation of freshly ...
As banks align with CBN monetary policies for economic recovery
The partnership between the Central Bank of Nigeria (CBN) and Deposit Money Banks (DMBs), under the umbrella of the Bankers’ ...
Wema Bank leads Tier 2 Banks with 54.46% YTD returns, Sterling, Stanbic IBTC trail
WEMA Bank has emerged as the top-performing Tier 2 bank in the latest year-to-date (YTD) performance report, recording an impressive ...
Banks, others raised over N2.7trn from capital market — SEC
The Securities and Exchange Commission (SEC) has disclosed that over N2.7 trillion in capital has been raised in the capital ...
Importers panic as more banks begin system upgrade
MANY cargo owners have expressed anxiety over lingering banking system upgrade even as findings revealed that some banks are still ...
Re: Banking with tears and blood
Last week, I x-rayed the situation with the banks in Nigeria and the increasing frustration of their customers. It turned ...
Banks risk CBN penalties for facilitating cash hawking
The Central Bank of Nigeria (CBN) has warned that Deposit Money Banks which funds are traceable to hawkers” of cash ...
Cost of goods may rise as banks’ systems migration cripples cargo clearance at seaport
Many cargoes are currently trapped at the Apapa and Tin-Can Ports following persistent disruption to some online services of some ...
Liquidity crunch: Banks’ borrowed N776.1bn from CBN
Nigerian banks borrowed a total of N776.1 billion from the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) in ...
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