BANKING

Read latest banking news in Nigeria and be well informed about latest bank news in Nigeria.

GTBank Releases 737 Moments, Music Video of its Popular 737 Theme Song

Teeming with colorful scenes, groovy beats and a melody that you won’t forget easily, the video of GTBank’s 737 theme song 737 moments has all the staples of a hit. Its purpose, though, is not to...
List Of Banks In Nigeria

CBN refunds N51.9bn illegal deductions to bank customers

The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks and returned it to the customers. The CBN stated that the amount was illegally removed from the...
List Of Banks In Nigeria

FG to sue banks in court over N249.6b ‘hidden’ TSA funds

The federal government have threatened to sue erring banks on the N249.6b ‘hidden’ funds, Banks denying the alleged link to the hoarding of funds due to the Federal Government have been asked to direct...
Keystone Bank

We didn’t hide any TSA fund, Keystone Bank insists

Keystone Bank has never illegally hidden any amount of money belonging to the Federal Government or any of its agencies. The management of Keystone Bank Limited has insisted that the lender did not and has...

We’ve fully remitted NNPC cash into TSA – UBA

United Bank for Africa (UBA) Plc yesterday faulted its inclusion by the Federal High Court in Lagos, in the list of seven banks keeping a total of $793,200,000 in contravention of the Federal Government’s...

More customers get reward in FCMB ‘Millionaire Promo Season 4’

First City Monument Bank (FCMB) has rewarded 4 of its customers with N1million each in its ongoing “Millionaire Promo Season 4.” The promo, the second since March, was held at the regional and zonal levels...

$793.2 million TSA funds: Skye Bank confirms holding $41 million

The management of Skye Bank on Friday confirmed holding about $41 million (about N12. 9billion) belonging to the Nigerian Investments Management Services, NAPIMS, allegedly kept away from the Treasury Single Account, TSA account domiciled...
Rays Of Hope For Economy As FG fights back with N3trn TSA Fund

‎Court Orders Diamond, Fidelity, First Bank, 4 others to remit $793 Million to TSA

Justice Chuka Obiozor of the Lagos Division of the Federal High Court on Thursday ordered the momentary remittance of $793,200,000 by seven Nigerian commercial banks to the federal government. The money was allegedly hidden with...

We are not part of banks concealing TSA funds – Skye Bank says

Following reports that about seven commercial banks are concealing TSA funds, management of Skye Bank has denied being on that list, stating that it neither colluded nor unilaterally hid any other funds in its...

UBA Increases International Spend Limit on Naira Cards to $2000

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review,...

Skye Bank renews commitment to debt recovery, rakes in N60b

Skye Bank’s renewed commitment to debt recovery and profitability is paying off as the bank has reportedly raked in over N60 billion from its debtors through aggressive and robust debt recovery efforts in the...

Diamond Bank Confirms Apapa Fire Incident

Diamond bank Plc have confirmed the Apapa fire incident involving  irate mob who set their branch in Apapa, Lagos on fire, after a mobile policeman attached to the bank shot a tanker driver dead. “The...

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