Banks – NEWSWATCHNIGERIA

May 31, 2021 No Responses

How Banks Are ‘Wrong Side of History’ on Cryptocurrencies

Banks and other financial institutions who still refuse to recognise major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history, says the CEO of one of the world’s largest independent financial...

May 9, 2019 No Responses

BREAKING: Buhari re-appoints Godwin Emefiele as CBN gov

President Muhammadu Buhari has re-appointed Godwin Emefiele for a second term in office as governor of the Central Bank of Nigeria (CBN) for the next five years. Recall that Godwin Emefiele was first appointed in 2014 by former president Goodluck...

July 9, 2018 No Responses

Banks stop cash withdrawal from overseas ATMs

Banks have suspended all cash withdrawals from overseas Automated Teller Machines (ATMs), except for customers whose cards are linked to domiciliary accounts funded locally, this has been learnt. Banks have been encouraging travelers to open and fund dollar ...

May 6, 2018 No Responses

Banks are ripping us through ATMs, customers cry out

Commercial Bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM) withdrawals. Some customers who spoke to a News Agency of Nigeria (NAN) correspondent, said they dreaded making wit...

January 24, 2018 No Responses

Nigerian Banks Not Structured to Fund SMEs, says Chamber of Commerce

Mr Adetokunbo Kayode, President, Abuja Chamber of Commerce and Industry (ACCI), says the management of the funds for Small, Medium and Enterprises (SMEs) by banks in Nigeria is a weak link in the financing of small businesses. He said this...

December 21, 2017 No Responses

Banks Customers’ Sweats at ATM Galleries: Now December Rituals

Undisputable, there is this tradition of long queues at virtually all the Automated Teller Machines (ATMs) Galleries located in the heart of Lagos during every last month of the year; December in Lagos. This year is not different just like...

October 13, 2017 No Responses

Banks Maybe Stopped from Sending Bank Details as SMS Alert

The sending of vital bank details via SMS may soon become a thing of the past in Nigeria because using such means is quite risky, according to the Nigerian Communications Commission (NCC). The NCC also said they were already engaging...

October 12, 2017 No Responses

Banks, ICT, FinTech Service Providers for NITRA Forum

More players in the ICT, Banking, and FinTech sectors of the Nigerian economy have continued to throw their weight behind the Third Quarterly Forum of the Nigeria Information Technology Reporters Association (NITRA) billed for Friday, October 13, 2017. The lat...