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Trade deficit: More job loss likely in banks

Twenty Deposit Money Banks (DMBs) are expected to fire at least 10,000 out of their estimated 110,000 workers befor...

As the Central Bank of Nigeria (CBN) continues with its demand management policy in foreign exchange (forex) allocation to financial inst...

•Banks have proven terrifically complicit in the cash haul by public officials We wager that until the Central Bank of Nigeria, CBN, ...

Banks are diverting dollar sales previously allocated to licensed Bureaux De Change (BDC) operators to unlicensed BDCs or c...

CBN insists only security operatives can stop currency abuse • They don’t invest in sorting, says apex bank By management directive ...

Foreign investors repatriating profits and others exiting the Nigeria equities and bond markets last week triggered a rise in foreign ex...

Commercial banks have refunded over N6.2 billion of illegal charges to customers in 2015 alone, the Central Bank of Nigeria (CBN) has st...

Oil workers at a rig What the prices of crude oil dictate at the international market has fallen short of banks’ projection and as ...

Fraudulent federal civil servants may have defrauded the Federal Government of more than N5bn annually, estimates made by SUNDAY PUNCH ha...

•FG set to recover billions of naira paid 23, 000 ghost workers From Fred Itua, Abuja The Federal Government will to go after ...

The Central Bank of Nigeria (CBN) has said it would henceforth grant tax and duty waivers to banks operating in the Free Trade Zones (FT...

T HE Securities and Exchange Commission (SEC) has raised the alarm that banks are threatening the success of the e-dividend registration...

Deposit Money Banks in the country are now allowing customers to transfer foreign currency cash deposits made into their domiciliary acc...

Olaseni Durojaiye in this report examines the relationship between banks and private businesses in Nigeria, regretting that the way some ba...