CBN Approves Abbey Mortgage Bank’s Conversion to Regional Commercial Bank
The Central Bank of Nigeria (CBN) has approved the conversion of Abbey Mortgage Bank Plc into a regional commercial bank,…
Banks
NIBSS Drags Banks To Court Over ₦13.6bn Transfer Glitch Affecting 176 Accounts
Nigeria’s digital payment system has come under fresh scrutiny after the Nigeria Inter-Bank Settlement System (NIBSS) approached the Federal High…
Jim Ovia Retires as Zenith Bank Chairman After 12 Years, Mustafa Bello Takes Over
Zenith Bank has announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure…
Elderly Man Exhumes Sister’s Remains to Claim Bank Funds, Shocks Officials in India
An elderly man in eastern India shocked bank officials and customers after exhuming his late sister’s remains to prove her…
EFCC Arrests Tunde Ayeni Over Alleged ₦36.5bn, $30m Fraud
The Economic and Financial Crimes Commission has arrested businessman and former Skye Bank chairman, Tunde Ayeni, over alleged financial misconduct…
CBN Raises ATM Card Fees to ₦1,500, Scraps Monthly Maintenance Charges on Naira Cards
The Central Bank of Nigeria (CBN) has approved a 50 per cent increase in ATM debit and credit card issuance…