Tag: Commercial banks
Stop waivers for banks, IMF tells CBN
The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to phase out the regulatory relaxations granted ...
Banks close two million accounts, give reason
The move is also part of efforts to ensure compliance with regulatory orders on the linkage of bank accounts to ...
Reps Query CBN, Banks, FIRS, Others Over N15bn Remita Transactions
The House of Representatives scrutinizes transactions via Remita platform, questioning N15bn payments without agreements or contracts CBN explains choosing Remita ...
Old naira deposit: CBN must call commercial banks to order – Gov Adeleke
On Sunday, Ademola Adeleke, the governor of Osun State, condemned banks for mistreating their customers by refusing to accept old ...
Allow commercial banks process old note deposit – CPPE urges Buhari
The Centre for the Promotion of Private Enterprise on Sunday urged the Central Bank of Nigeria (CBN) to allow Nigerians ...
BREAKING: CBN orders banks to start paying new naira notes over the counter
The Central Bank of Nigeria (CBN) has issued a fresh directive to deposit money banks (DMBs) to commence the payment ...
CBN to move against banks not loading new naira notes into ATMs
The Central Bank of Nigeria (CBN) says it will start penalising commercial banks that are not adhering to its directive ...
NSITF failed to remit N3.8bn to FG in three years, says Reps committee
The house of representatives' ad hoc committee on unclaimed funds in commercial banks and the infractions of the Central Bank ...
Reps panel uncovers N300bn ‘unclaimed funds’ in commercial banks
A house of representatives committee has disclosed that it has uncovered N300 billion "unclaimed funds" in some banks in the ...
CBN to stop dollar sales to banks – Godwin Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that it will stop the sale of foreign ...
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