Tag: Banks

CBN to Punish Banks for Illegal Forex Transactions

Banks were yesterday hit with allegations of round tripping. Acting Director, Trade…

Farouk Mohammed

CBN Orders Banks, Authorised Forex Dealers to Sell Dollars to Hajj Pilgrims at N197/Dollar

The Central Bank of Nigeria, CBN, on Thursday, directed banks and authorised…

Farouk Mohammed

CBN Directs Banks to Accept Cheques in Savings Accounts

The Central Bank of Nigeria (CBN) has directed banks and other financial…

Farouk Mohammed

Osun State Sues 18 Banks Over Environmental Charges

Eighteen commercial banks have been sued by Osun State before the law…

Farouk Mohammed

15 Banks Named As Foreign Exchange Primary Dealers [See List]

The central bank of Nigeria (CBN) has jettisoned it’s original plan of…

Farouk Mohammed

NLC Gives Banks 14 Days to Recall Sacked Workers

The Nigeria Labour Congress has issued a 14-days ultimatum to six banks…

Farouk Mohammed

FG Orders Banks to Stop Sacking of Staff

Following the high spate of petitions and complaints from stakeholders in the…

Farouk Mohammed

CBN Orders Banks On Installation of Camera-fit ATMs

The Central Bank of Nigeria (CBN) has ordered all banks in the…

Farouk Mohammed