Tag: Nigerian banks

The money the CBN owes the banks are funds in the form of derivative transactions comprising forward contracts and swaps.

The banks said that branches will operate this weekend to receive old Naira notes

Nigerian Flag ... I so much believe in Nigeria. My reasons are not just because of emotions and sentiments. I ...

The claimants say Aiteo has failed to pay back $2 billion it borrowed from them, but the oil firm claims ...

The holdco structure means the lender now has the latitude to branch out into other financial services outside its core ...

Customers will not be able to spend above $20 or $50 a month on their naira cards.

The report says the cost of financial services remains a major barrier to access for price-sensitive consumers, especially within marginalised, ...

MTN reverted to the old rate as banks backed off.

Naira remains stable on the parallel market.

"We must find other alternatives to support agriculture. The facility will not support agriculture as we want it," an economist ...

Compared to the previous quarter, total value of credits allocated to private sector by banks decreased by N0.26trillion in the ...

The banks, which have been trolling one another, continue to throw up hilarious jibes on the social media platform.

The hacker has the ability to shut down the CCTV system of any organisation for 67 minutes.

Some of the members also complained about rising non-performing loans.

Details of the payments are contained in the banks’ financial returns submitted to the Nigerian Stock Exchange, NSE.

One of the banks, Fidelity, said it was not aware of the money.

The phone provider responds to reports that the 13 banks it owes had rejected an offer of five percent equity ...

About 19,531 fraud cases were reported by banks in 2016 as against 10,743 recorded in 2015. ‎

The apex bank spokesperson urges Nigerians frustrated by banks to call and lay complaints.

“All commercial banks in the country are accomplices in this matter. They are all involved.”

The CBN has invited Etisalat to a meeting with the banks to discuss ways of resolving the crisis.

Zenith Bank, GTBank and Access may take over the telecoms operator today.

The MoU is for a $2.2 billion contractor financing support.

The House could not continue the deliberation because the sponsor was absent.

Sola David-Borha speaks on PPPs, changes in government policies, her bank's SME programmes and others.