FG to blacklist 18 banks owing telcos N200bn on USSD
Vanguard gathered authoritatively that only four banks complied with the directive while 18 others are still adamant
‘No need to panic’, banks tell Nigerians on recapitalisation
“The Nigerian capital market, where banks are the most influential group, has the depth to meet the capital requirements of banks.”
NDIC asks EFFC for funds recovered from bank frauds
“NDIC played a critical role in combatting financial crimes within the banking sector through its mandate”
Banks, telecoms hit with internet failure as undersea cables damaged
Banks and telecommunication companies operating in Nigeria have been down with internet outages due to damage to international undersea cables supplying them with connectivity.
Just in: CBN directs banks, authorised dealers to use reviewed circulars, guidelines
The Central Bank of Nigeria, CBN, has directed Deposit Money Banks, DMBs, Licensed Non-interest banks and other authorized dealers at its discount window to use new (reviewed) circulars and guidelines.
Olukoyede tasks auditors on tackling financial crimes in banks
The Executive Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede has called on Audit Executives in banks across the country to be more vigilant and assertive in tackling financial crimes in the banking sector.
