Providus Bank Worker Shares 6 Christmas Bonus Items
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
Category : Search result: bank licence revocation
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN Revokes Aso Savings, Union Homes Licences
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
NDIC Begins Liquidation of Aso Savings, Union Homes
NDIC starts liquidation of Aso Savings & Union Homes after CBN licence revocation. Depositors to get up to N2m via BVN. Learn the process for claims and payments.
NDIC Pays Aso Savings, Union Homes Depositors After CBN Revocation
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
FG Opens New Funding for Imo Small Business Owners
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
Man Gets Birthday Surprise From Bank Staff in Nigeria
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
Fast Ways to Block Your Union Bank Account
Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Edo Land Revocation Sparks Investor Nightmare
The alleged revocation of Presco Plc's C of O by the Edo State government risks billions in agro-investments and 15,000+ jobs. Will political moves derail the state's economic growth? Read more.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Wike Revokes Abuja Properties of Ganduje, Patience Jonathan, Others
FCT Minister Nyesom Wike has revoked 1,095 property titles in Abuja for unpaid charges. The list includes ex-govs Ganduje, Duke, and ex-First Lady Patience Jonathan. Read the full details.
How to Block Your Access Bank Account & ATM Card Now
Lost your Access Bank card? Act fast! This guide details immediate steps to block your account via USSD *901*911#, mobile app, WhatsApp banking, and more to prevent fraud.
Wike revokes 1,095 Abuja properties over rent defaults
FCT Minister Nyesom Wike cancels 1,095 properties including those of Danjuma, Patience Jonathan, CBN over ground rent debts. Owners failed 14-day ultimatum ending November 25, 2025.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
NGO Commends Okpebholo Over Presco Land Controversy
Edo State Governor Monday Okpebholo earns praise for swiftly disowning an unauthorized land revocation notice against Presco Plc, reinforcing investor confidence and transparent governance.
Wike revokes 1,095 Abuja property titles
FCT Minister Nyesom Wike has enforced the revocation of 1,095 property titles in Abuja's key districts after owners failed to pay outstanding land charges. Discover the full details and implications.
FCTA Enforces 1,095 Revoked Abuja Property Titles
Federal Capital Territory Administration begins enforcement on 1,095 revoked property titles in Abuja's high-end districts after owners failed to pay mandatory fees. Learn what this means for property owners.
Edo Govt Denies Revoking Presco Land Rights
Edo State government refutes an unauthorised notice revoking Presco Plc's land rights. Read the official statement and analysis on the state's commitment to investor protection.
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