From November 2017, the federal government may take over funds kept in accounts without bank verification number (BVN). An Order papers seen by TheCable show that...
The Central Bank of Nigeria, CBN said on Wednesday it has so far recovered over N50 billion from erring banks as excessive charges imposed on customers....
Edo State House of Assembly has been petitioned by one Charles Ajiboye, a federal civil servant in the state who alleged that the Automated Teller Machine,...
Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country’s fourth largest telecoms firm from collapse as talks...
An Ibadan-based medical doctor, Olutunde Oni, has dragged First City Monument Bank (FCMB) before an Oyo state High Court sitting in Ibadan over an alleged issuance...
Ecobank plans to close branches and cut jobs as the Pan-African lender steps up investments in digital platforms, its chief executive said on Wednesday. Speaking to...
Ecobank Nigeria has shut down about 74 of its 479 branches. The bank says it will deploy staff from the merged branches to other projects but...
Banking in Nigeria has greatly advanced. In the past, you will find long queues but today the opposite is the case. Many of them have embraced...