Banks will commence implementation of charges for alerts and other short messages (SMS) communications to their customers at the rate of N6 for every SMS transaction...
Osarugue Flora Aiworo, a former contract staff member of a Nigerian bank, has expressed disappointment and frustration over the exclusion of support staff from profit sharing...
Relief for Nigerians as banks dispense, accept old Naira notes Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the...
The Central Bank of Nigeria, CBN, has scrapped free withdrawals for customers using other banks’ Automated Teller Machines, ATMs. Recall that it was pegged at three...
Reports have revealed that shipping companies and port terminal operators operating at Nigerian ports have incurred losses running into billions of Naira following the forfeiture of...
The Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes, USSD codes, assigned to nine financial institutions due to unpaid...
Nigerian banks collectively earned N4.85 trillion in interest income on loans and advances to customers in the first nine months of 2024, according to DAILY POST....
The Central Bank of Nigeria’s electronic payment statistics have shown that, between January and June 2024, 252.06 million transactions, which amounted to N2.19tn, were carried out...
The Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move announced on Wednesday, as part of the apex bank’s strategy...
The National Data Protection Commission has fined Fidelity Bank a total sum of N555.8m for infractions relating to breaches of its customers’ data. The commission’s National...