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The House of Representatives has taken a major step toward ending the long-standing practice of casual and contract employment in Nigeria’s banking sector, as a bill...
Banks will commence implementing charges for alerts and other short messages (SMS) communications to their customers at the rate of N6 for every SMS transaction. This...
FG has lifted the ban restricting the posting of NYSC corps members to private sector organizations, including banks and oil and gas companies. According to a...
Central Bank of Nigeria (CBN) has threatened to sanction banks and other foreign exchange dealers that refuse to accept old series/lower denominations of U.S. dollar bills...
The Central Bank of Nigeria has mandated Financial Institutions to obtain the social media handle, e-mail addresses, telephone numbers, residential addresses, and more of their customers....
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of...
Some Nigerian commercial banks have announced that international school fees and upkeep requests through Form A will now be processed within 120 days (17 weeks). The...
Governor Babajide Sanwo-Olu of Lagos State has asked residents of the metropolis to call a number to report any bank that refuses to accept the deposits...
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive same as deposits from customers, according...
In March 2023, private and public sector banks will remain closed due to bank holidays according to Reserve Bank of India calendar. There will be a...