Many customers of various banks have called on financial institutions to pay them compensation for their losses incurred due to unstable online networks. The customers who spoke to the News Agency of Nigeria in Abuja on Wednesday said they lost…
CBN denies plans to revoke Unity, Polaris, Keystone banks’ licences
The Central Bank of Nigeria has denied plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank. “The content is fake and not from the CBN.” Online reports had claimed that the apex bank would terminate the…
Newly redesigned Naira now in banks, ready for issuance – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the newly redesigned Naira notes are already in banks and ready for issuance. According to a statement in CBN’s official twitter handle, Emefiele said so in Daura…
COVID 19: Sanwo-Olu orders all banks, offices, markets, courts to close from thursday
Lagos State government has ordered the closure of all banks, offices, markets and courts in the state effective from Thursday. Governor Babajide Sanwo-Olu stated this after a meeting of the State Security Council at the State House, Marina Tuesday. The…
Over 2000 buildings may go as Akinole-Oshiun family takes possession of land in Lagos (DailyTrust)
Anxiety, confusion and shock have taken over many residents, business and property owners at Agidingbi in Ikeja, Lagos when the Akinole-Oshiun family took over possession of 398 acres of land following a Supreme Court judgement which ruled in their favour.…
Banks, fuel supply crippled as labour strike begins (Vanguard)
Distribution of petroleum products, banking and other essential services will be grounded from today as workers in the petroleum, financial, maritime and other sectors of the economy begin a nationwide strike as directed by organized labour. This is even as…
Money laundering: CBN goes hard on banks (Nation)
The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks and their staff who fail to comply with anti-money laundering and terrorist financing regulations. The…