Tag: Financial institutions
What To Know About Bidvest Bank – Post Access Bank Deal Fallout
On Monday, February 9, Bidvest Group announced the termination of the agreement between the financial institution and Access…
VAT ON BANK CHARGES: What Nigerians need to know
Banks across Nigeria have announced that from January 19 they will begin deducting 7.5 per cent value-added tax…
UNDER THE LENS: How financial institutions inadvertently sustain Nigeria’s insecurity economy
Nigeria’s insecurity challenge is often discussed in military or political terms, but financial systems increasingly feature in official…
CRYPTO: CBN directs banks to shutdown all accounts
Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions have been…
Bank customers to now pay for failed direct debit transactions
Reports have revealed that bank customers will now pay a charge for failed direct debit transactions. The Central…
FG begs Nigerians over misleading tweets on registration for account holders
The Federal Government of Nigeria has appealed to Nigerians for its tweets on the self certification procedure released…