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Banks Lost N468m To Fraud In First Quarter-FITC

Deposit Money Banks (DMBs) in Nigeria have recorded a substantial decline in fraudulent activities to N468.42m in the first quarter of 2024 from the...

CBN Warns Banks Against Issuance Of Substandard Cheques, Set To Sanction Offenders

The Central Bank of Nigeria has warned Deposit Money Banks (DMBS) and cheque printers and personalizers over the surge in substandard ‘Magnetic Ink Character...

Enugu: Banks Risk Being Sealed For Observing Sit-At-Home

Many banks in Enugu metropolis and the environs risk being sealed by the state government for defying to open on Monday despite the cancellation...

NUPRC: Unlocking Funding For Indigenous Awardees Of Petroleum Prospecting Licenses

In June last year, the Nigerian Upstream Petroleum Regulatory Commission under the leadership of the Chief Executive, Engr Gbenga Komolafe awarded 47 Petroleum Prospecting...

Bank customers decry scarcity of redesigned naira notes, CBN reacts

Some bank customers have decried scarcity of the redesigned N1,000, N500 and N200 notes in Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs).This...

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