Thursday, September 20, 2018
Tags Posts tagged with "Banks"

Tag: Banks

How fraudsters made N12bn from Nigerian banks in 4 yrs

The Nigerian Inter-Bank Settlement System, on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Managing...

Magu identifies banks that will soon collapse

The acting chairman of the EFCC on Tuesday said some Nigerian banks are on the verge of collapse because of activities of some customers. A...

How world’s first person-less bank is run completely by robots

Artificial Intelligence workers in a state-owned bank in China are now running entire banking operations with no help from humans. The robots can help customers...

Banks go after tank farms, petrol stations over debts

  Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to...

Labour to get tough on banks

By Chioma Obinagwam The United Labour Congress (ULC) has warned that it would get tough on banks that are in the habit of enslaving Nigerian...

Bankers, analysts disagree with Fitch over Nigerian banks

Financial experts in the country have disagreed with Global rating agency, Fitch, that most Nigerian banks are undercapitalized following the persistent macroeconomic and currency...

CBN directs banks to open forex outlets at major airports

to provide additional funding for medical, school fees The Central Bank of Nigeria has directed banks in the country to open Foreign Exchange outlets to...
WorldRemit gets approval for Money Transfers to Nigeria

Cost of borrowing may dip as inflation reaches 11-year 16.5%

...as Nigeria sovereign yields near 20% for offshore investors to bite Economic challenges confronting Nigeria may assume more disturbing dimensions as the Consumer Price Index...

Banks, NIBSS pay N400 million as cashback in 2015

By Odunewu Segun Nigerian banks in collaboration with the Nigeria Interbank Settlement System (NIBSS) in 2015 have paid out almost N400 million in incentives to...

CBN has no plans to restrict foreign currencies — CBN

THE Central Bank of Nigeria has said it has no plans to restrict dollar supplies to interbank foreign exchange market. Deputy Governor of CBN, Sarah...
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