Tag: banks
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Nigerians Withdraw N4.47 Trillion from Banks as Cash Hoarding Persists
The amount of cash held by Nigerians outside the banking system climbed to N4.47 trillion in September 2025, even as the country’s overall money...
Viral Video of ‘Nigerian’ Schoolgirls Smoking Is Fake – Police Trace It to Zimbabwe
Hello and welcome! In today's trending news stories;
1. The Nigerian Police Force has debunked a viral video showing schoolgirls smoking cannabis, clarifying that it...
CBN Heightens Oversight on Select Banks Amid Recapitalization and Post-Forbearance Era
As one of the measures to build stability in Nigeria's banking sector, the Central Bank of Nigeria (CBN) revealed that a closely defined subset...
African Shipowners Applaud Plan to Disburse $700 Million Cabotage Fund Through Banks
The African Shipowners Association (ASA) has fully supported the decision to disburse the $700 million Cabotage Vessel Financing Fund (CVFF) through Nigerian banks at...
Banks Reduce FX Deposit Rates As Supply Increases
Banks lower their interest rates on foreign currency (FX) deposits as the dollar supply improves.
During an executive roundtable organized by PwC and BusinessDay on...
