Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts
Banks have advised customers to remove their face masks when carrying out transactions through Automated Teller Machines to ensure that their faces are properly recognised.
Bank scams are increasing as more customers are adopting electronic means of payment since lockdown was introduced in the country to contain COVID-19 spread. The
Scrapping the debt of heavily indebted African nations will only come back to haunt them, according to two of the continent’s largest banks. “Forgiveness is
Dr Uche Olowu, outgoing Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), has urged stakeholders in the banking industry to leverage on emotional
Nigeria’s indigenous oil and gas producers as well as several Deposit Money Bank (DMB) operations may be heading towards a near collapse following the inability
Some banks within Ibadan metropolis, on Monday, witnessed a surge in the number of their customers, as they embarked on skeletal services after closing many
The House of Representatives has mandated its committee on banking to investigate and determine the extent of alleged excess charges on public institutions and individuals
Some bank customers have decried stringent requirements including utility bills by banks to open and update their accounts. Some of them who spoke in Abuja