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Sunday, May 11, 2025
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BANKS

NAHCON approves four banks for Hajj savings scheme expansion

The National Hajj Commission of Nigeria (NAHCON) has authorized four banks to facilitate and manage the Hajj Savings Scheme, marking a significant development in...

CBN fines Zenith, Fidelity, UBA, other banks over failure to ensure cash availability

The Central Bank of Nigeria (CBN) has imposed penalties on nine commercial banks for failing to provide adequate Naira notes through their automated teller...

FG moves to sanction 18 banks over ₦200 billion USSD debt

The administration of President Bola Ahmed Tinubu is reportedly preparing to expose the names of 18 banks that collectively owe Nigerian telecom operators nearly...

Cash scarcity: CBN orders customers to report delays withdrawing cash in banks, ATM stands

The Central Bank of Nigeria (CBN) has urged bank customers to report any challenges they face in withdrawing cash from bank branches or ATMs...

BREAKING: Naira redesign: Buhari extends use of N200 notes, stops use of N500, N1000

President Muhammadu Buhari has approved the extension of the use of the old N200 notes as legal tender. The President in a nationwide broadcast on...

Uk govt frozens Chelsea’s bank account following Abramovich’s sanctions

Following the sanctions imposed on big Russian businessmen, Chelsea’s bank accounts have been frozen. UK government had sanctioned the club owner, Roman Abramovich.  The club have...

President Buhari Hails Paul Enenche, Banks, 2face, Other COVID-19 Donors

President Muhammadu Buhari has commended all well- meaning Nigerians who have made donations towards the fight against Coronavirus pandemic in the country. In a statement...

Banks, churches more corrupt – Falana [VIDEO]

Renowned human rights activist, Femi Falana (SAN) has hit hard on the banks and churches as being nests of corruption, more than government institutions. Falana...

CBN To Stop Bank Accounts Without BVN From August 1

The Central Bank of Nigeria,CBN, said all customers without Bank Verification Number, BVN, linked to their bank accounts will not be allowed to make...

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