Tag: Banks

Update on USSD Codes Suspension

AMT Tanimu- March 17, 2021

Bank Customers who patronize the usage of Unstructured Supplementary Service Data (USSD) code for most of their financial transactions are worried over the implications of ... Read More

President Buhari Assents to Banks and Other Financial Financial Institutions Act, 2020

AMT Tanimu- November 13, 2020

President Muhammadu Buhari on Thursday, November 12, 2020 assented to the Banks and Other Financial Institutions Act 2020. It repeals the extant Banks and Other ... Read More

Banks defying CBN’s reviewed ATM charges, others – Customers decry

Abdul Jimoh- January 2, 2020

……….Alerts CBN that banks fraudulently charging without sending alerts Some bank customers have frowned at their banks for not complying with the new CBN guidelines ... Read More

People Money, Entrepreneurship Banks Underway – Osinbajo

Henry Solomon- November 15, 2018

To boost Small and Medium Scale Enterprises(SMEs), Vice President Yemi Osinbajo says the Federal Government will soon establish People Money and Entrepreneurship Banks. Osinbajo disclosed ... Read More

Soft loans, supply of inputs will guarantee food security- Association

Arowobusoye Samuel- August 2, 2018

The All Farmers Association of Nigeria (ALFAN), Rivers Branch, says granting of soft loans to farmers and supply of inputs will guarantee food security in ... Read More

Dogara Laments Over Difficulties in Accessing Loans, Makes a Clarion Call

Henry Solomon- March 12, 2018

The Speaker of the House of Representatives, Mr Yakubu Dogara, has decried difficulties faced by Nigerians in accessing bank loans . Dogara, made this known ... Read More

NCC Assures Subscribers of Network Integrity of Etisalat

Abdul Jimoh- June 21, 2017

NCC Assures Subscribers of Network Integrity of Etisalat. The attention of the Commission has been drawn to a planned takeover of Etisalat by a consortium ... Read More

Some Nigerian Banks Barred From SME Wholesale FOREX Window by Apex Bank

AMT Tanimu- May 3, 2017

Following persistent complaints that some deposit money banks (DMBs) have deliberately frustrated efforts by many small and medium enterprises (SMEs) to access forex from the ... Read More

Survey Indicates Many Are Happy To Go Cashless

Henry Solomon- April 26, 2017

A survey conducted by Ipsos for the ING bank website eZonomics on Wednesday showed that more than a third of Europeans and Americans would be ... Read More

Central Bank of Nigeria Releases Telephone Line to address Forex issues

Suleiman Idris- April 2, 2017

    (VON) The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange by banks ... Read More

Who Is To Be Blamed Over Delays In JAMB Registration

Henry Solomon- April 1, 2017

With Benue candidates encountering more difficulties in their bids to register for the 2017/2018 Unified Tertiary Matriculation Examinations (UTME), banks and the Joint Admissions Matriculation ... Read More

JAMB Adopts e-PIN Vending To Prevent Fraud – Official

Abdul Jimoh- March 29, 2017

JAMB Introduced e-Pin To Prevent Fraud The Joint Admissions and Matriculation Board (JAMB) says it introduced the new e-PIN vending registration for candidates to prevent ... Read More

BVN Scam: Innocent Uche Clinton and Emmanuel Okanni Jailed

Abdul Jimoh- March 23, 2017

Alleged BVN Scammers Jailed The Economic and Financial Crimes Commission, EFCC today, March 23, 2017 secured the conviction and sentences of the duo of Innocent ... Read More

EFCC Docks Illegal Money Lender for N25m Fraud

Abdul Jimoh- February 23, 2017

Marcel Amadi, The Suspect Docks By EFCC The Economic and Financial Crimes Commission, EFCC, on February 20, 2017 arraigned one Marcel Amadi, before Justice Dugbo ... Read More

Dogara Berates CBN for Usurping Legislative Powers, SMES to Get Easy Access to Credit Facilities

Arowobusoye Samuel- November 29, 2016

Speaker of the House of Representatives, Hon. Yakubu Dogara, has chided the Central Bank of Nigeria (CBN), for promulgating regulations in the financial sector without ... Read More

EFCC In Collaboration With FMBN

Arowobusoye Samuel- August 18, 2016

EFCC, Abuja: The management of the Federal Mortgage Bank of Nigeria, FMBN, on Thursday, August 18, 2016, paid visit to EFCC to discuss areas of ... Read More

EFCC Arrests Another Impostor

Abdul Jimoh- June 27, 2016

Olu Adebanjo, The Suspect The long arm of the law has again caught up with a suspected fraudster, Olu Adebanjo, who heads a syndicate that ... Read More

Magu Seeks Professional Bodies’ Support On Anti-graft War

Arowobusoye Samuel- June 17, 2016

The acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has charged professional bodies in the country to join hands with the Commission in ... Read More

We Do Not Solicit Or Accept Gratifications, Beware Of Impersonators EFCC Warns

Henry Solomon- April 7, 2016

The EFCC has warned the general public to disregard calls supposedly from its acting chairman, asking for payments to be made either to nominated proxies ... Read More