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Customers decry continuous cash scarcity, want erring banks sanctioned
Many bank customers over the weekend expressed frustration as banks in Abuja remained under lock and key while their Automated Teller Machines (ATMs) were...
Banks shut down in Benin over attacks
Banks in Benin, the Edo capital on Thursday, halted their services to customers over the destruction of some of their facilities on Wednesday.
A correspondent...
Naira crunch: Nigerians urge banks to dispense N100, N50 bills
As the effects of the current cash crunch bite harder, Nigerians have called on the Central Bank of Nigeria (CBN) to prevail on commercial...
ICPC arrests Keystone Bank manager over distribution of new naira notes
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested head of operations, Keystone Bank, Mararaba in Nasarawa State for allegedly frustrating...
Collect redesigned naira notes or face sanction, Emefiele warns banks
Central Bank of Nigeria (CBN) governor Godwin Emefiele has called on commercial banks to collect and give customers the redesigned naira notes or face...
Nova Merchant Bank’s director Funke Okoya appointed head of women in finance body
Executive director of investment banking and subsidiaries at NOVA Merchant Bank, Funke Okoya, has been appointed chairperson, Women’s Empowerment Commission of the Women in...
FirstMonie agents make over ₦1bn transactions as FirstBank ensures financial inclusion
First Bank of Nigeria Limited (FirstBank) has announced that its agent banking network, Firstmonie agents, has collectively processed transaction volume in excess of ₦1...
Businessmen drag Union Bank to court over alleged contract breach, demand N407.8m
Businessmen Adedoyin Olasunkanmi, Adewoye Joshua and Onadeko Olusesan have filed a suit against Union Bank of Nigeria Plc over alleged breach of contractual agreement.
The...
FirstBank partners Eloy Foundation for female-owned small businesses
First Bank of Nigeria Ltd has partnered with the Eloy Foundation to empower female business owners across the country.
The partnership, which gave birth to...
FirstBank gets $150m Afreximbank fund to support Nigerian businesses
First Bank of Nigeria Ltd has secured $150 million finance facility under the African Export Import Bank (Afreximbank) pandemic trade impact mitigation facility (PATIMFA).
The...