Fidelity, Zenith, Access among most capitalized banks in Q3 2023
Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based in the Third Quarter (Q3) 2023 financial results.
This is coming...
Inflation: IMF urges CBN to hike interest rate
The International Monetary Fund has urged the Central Bank of Nigeria to hike the interest rates in the next Monetary Policy Committee to address...
Banks to disconnect non-deposit financial institutions from transfer list
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment Outwards System.
The...
Cardoso Approves New CBN Service Charter
•Restates commitment to its full implementation
•Policy prioritises customer satisfaction, others
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday approved the...
Polaris Bank joins PAPPS for cross-border payment
Polaris Bank has announced its onboarding to the Pan-African Payment and Settlement System to ease cross-border trade and payments for its existing and potential...
CBN’s anti-money laundering fight triggers fresh BVN race in banks
To strengthen the battle against money laundering in Nigeria, the Central Bank has directed that all bank customers must link their Bank Verification Number...
UBA Wins Bank of the Year Africa 2023
Africa’s global bank, United Bank for Africa (UBA) Plc, has again demonstrated its prowess on the international stage as it clinched nine prestigious awards...
XtraWins: Access Bank Delights Customers with Xmas Promo
Access Bank Plc has announced its Christmas campaign that would grant 100 lucky customers a chance to win N10,000 voucher every day for 12...
BVN, NIN: Sanction banks, not customers, expert urges CBN
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers to operate accounts without...
Ibadan residents groan over cash dearth
...as banks slash customers withdrawal limit
Residents of Ibadan have expressed their frustration after being unable to withdraw cash for transactions due to refusal by...