Tag: Banks

CBN To Sanction Banks Dispensing Old Notes Through ATMs 
January 20, 2023 No Responses

CBN To Sanction Banks Dispensing Old Notes Through ATMs 

The Central Bank of Nigeria (CBN), on Thursday threatened to sanction banks in Cross River dispensing old naira notes through their Automated Teller Machines, (ATMs).  The warning came from Ms Glory Iniunam, Branch Controller of CBN in Cross River, during...
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CBN To Banks: Collect Redesigned Notes Or Face Sanction 
January 19, 2023 No Responses

CBN To Banks: Collect Redesigned Notes Or Face Sanction 

The Central Bank Governor, Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to pick up the new naira notes.  Emefiele made the call when the apex bank took its sensitisation tour on...
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Gunmen Raid Four Banks, Kill Seven Persons
February 25, 2022 No Responses

Gunmen Raid Four Banks, Kill Seven Persons

Gunmen attacked four banks and a Police Divisional Headquarters on Thursday as they laid siege on Uromi town in Esan Northeast Local Government Area of Edo. Eyewitnesses said the gunmen got to the town in their numbers and in several...
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DLM Capital Quotes N2.25b Commercial Papers On FMDQ
December 24, 2021 No Responses

DLM Capital Quotes N2.25b Commercial Papers On FMDQ

DLM Capital Group Ltd has quoted N1.24 billion Series 1 and N1.01 billion Series 2 Commercial Papers (CPs) on the FMDQ Securities Exchange Ltd platform.  A statement issued by FMDQ Exchange on Thursday explained that the quotation was approved by the...
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CBN: Banks Refunded N89b To Customers In June
August 5, 2021 No Responses

CBN: Banks Refunded N89b To Customers In June

The Governor of the Central Bank of Nigeria (CBN), Dr Godwin Emefiele, on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints.  Emefiele made the disclosure during a CBN...
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Ecobank Group Signs Remittance Partnership With Small World Financial Services
February 18, 2021 No Responses

Ecobank Group Signs Remittance Partnership With Small World Financial Services

International money transfer provider, Small World Financial Services (Small World), has signed partnership agreement  with Ecobank  Pan-African banking group, based in Lomé, Togo.  A statement sent to City Business News (www.citybusi...
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CBN, Bankers’ Committee Halt Sack Of Banks’ Staff
May 4, 2020 No Responses

CBN, Bankers’ Committee Halt Sack Of Banks’ Staff

The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday suspended retrenchment or laying-off of any staff of banks, whether full or part time. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement....
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