Nigerian banks

Nigerian banks close 2 million accounts over BVN, NIN, others— Report

Nigerian commercial banks closed at least 2 million bank accounts in the first quarter of 2024, Q1’24.   The move…

2 years ago

BREAKING: CBN supplies more new notes to banks

With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is…

3 years ago

Cyber Hackers Steal $11m from Nigerian Banks, companies, others

A team of hackers known as OPERA1ER has stolen at least $11 million from companies in Nigeria, Benin Republic, Cameroon…

3 years ago

What Nigerian banks charge you for borrowing

Nigerian banks are charging an average interest rate of between 4 percent and 36 percent on loans given to customers…

4 years ago

Heavy Sanctions Imposed On Nigerian Banks Over Mutilated Notes

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank…

4 years ago

Ask account owners how they got money – EFCC orders Nigerian banks

The Economic and Financial Crimes Commission (EFCC) has advised bankers to ask their customers how they got money in their…

4 years ago