LATEST NEWS
CBN Set To Empower Corp members with entrepreneurial skills With N2.5bn
The Central Bank of Nigeria said it had set aside a total sum of N2.5bn for members of the National Youth Service Corps with good […]
Month: June 2016
BANKING
70% of Bankable Adults Keep Money Away from Banks – Report
Citing corruption, instability and distrust within the banking system, 70 percent of bankable adults in the country still preferred to keep their money away […]
BANKING
Bank Mass Sack: NLC Withdraws Notice to Six Commercial Banks
In a move to douse tension in the banking sector, the Nigeria Labour Congress has withdrawn its earlier notice to picket some of the commercial […]
BANKING
Banks recorded N18bn fraud cases in 2015 —NDIC
The banking sector recorded 12,279 fraud cases involving the sum of N18.02bn in the 2015 financial period, the Nigeria Deposit Insurance Corporation disclosed on Tuesday. […]
BANKING
CBN to admit BDCs into interbank market
The Central Bank of Nigeria (CBN) is considering admitting bureaux de change (BDC) operators into the interbank forex market, Aminu Gwadabe, President, Association of Bureau […]
BANKING
Fidelity Bank Upbeat on Diaspora Remittances
Fidelity Bank Plc has expressed optimism that the prevalent economic condition triggered by the slump in global oil prices will not reduce diaspora remittances to […]
BANKING
Visa Intensifies Efforts to Curb Electronic Fraud
One of the leading electronic payments solutions, Visa International is to intensify efforts to curb fraud in the electronic payment system. The company stated that […]
BANKING
Banks May Face Challenge Servicing Dollar Obligations – Report
Following recent depreciation of the naira exchange rate that came with the new forex policy, Nigerian banks are likely going to face challenges servicing their […]
LATEST NEWS
On Unfair Treatment Of Bank Contract Staff In Nigeria
Written by a FINANCIAL WATCH reader I will like to use this medium to appreciate the good work of our indefatigable President Mohammed Buhari and […]
BANKING
Analysts see bank earnings spike on new CBN rules
As the nation awaits the release of lenders’ half year results any moment from now, analysts are increasingly becoming optimistic that the new flexible foreign […]