CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Category : Search result: bank account security
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
Moghalu: Emefiele was disastrous CBN governor
Former CBN deputy governor Kingsley Moghalu condemns Godwin Emefiele's tenure, calling it disastrous and politically compromised. Read the full analysis of Nigeria's economic decline.
Lagos GymFest 2025 wraps up with Fidelity Bank support
Over 200 children participated in the GymFest Championship in Lagos. Fidelity Bank and Lagos State pledge support for sports development, aiming to build a sustainable gymnastics ecosystem.
Ex-Banker Arraigned for $510,000 Fraud in Enugu
EFCC arraigns former Access Bank operations head Obinna Nwaobi for allegedly diverting $510,000 from customer account. Case adjourned to March 2026. Read full details.
DSS Recaptures Wanted Ansaru Terrorist Obadaki
Nigeria's DSS has recaptured Abdulazeez Obadaki, a wanted Ansaru terrorist who escaped from Kuje prison in 2022. Discover the details of his crimes and capture.
Wema Bank Walk-in Interviews for Job Seekers
Wema Bank announces walk-in interviews for Commercial Relationship Management Officers across Nigeria from November 17-21, 2025. Opportunity comes amid high youth unemployment concerns.
Lagos SMEs Adopt Solar with New Financing
Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Banks Set Jan 2026 Deadline for NIN, Tax ID Linking
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Wema Bank Holds Walk-In Interviews for Job Seekers
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.
Nigerian Bank to Close Accounts Under N7.5M Balance
Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.
Standard Chartered Nigeria Closing Branches from 2026
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
Banks Warn Customers About New Fraud Methods
Ecobank, First Bank, and Wema Bank alert customers about sophisticated scams using fake apps and pop-ups to steal banking details. Learn how to protect your accounts.
Emergency USSD Codes: Block Bank Account If Phone Stolen
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.
Court freezes Indian businessman's assets over ₦9.5B debt
Federal High Court in Lagos issues restraining order against multiple banks from dealing with Indian businessman and his companies amid massive debt dispute with Nigerian firm.
Nigeria gets $400M World Bank boost for IDPs, healthcare
Nigeria secures massive $400 million World Bank funding to support Internally Displaced Persons and revolutionize Sokoto State's healthcare system, signaling strong economic recovery.
First Bank Holdings Posts N450.9B Profit
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
DSS Directors Meet in Kaduna on Terrorism Strategy
Top security chiefs from Nigeria's Department of State Services gather in Kaduna to develop new counter-terrorism strategies amid growing security challenges across the nation.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Wema Bank Rewards Teachers with ₦4.5M Prizes
Wema Bank's 'Thank You Teacher' initiative celebrates educators with cash prizes, gadgets, and recognition, reinforcing commitment to educational development in Nigeria.
Urhobo College vs GSS: Delta Principals' Cup Final
The stage is set for an electrifying final showdown as Urhobo College and Government Secondary School battle for supremacy in the prestigious Zenith Bank Delta Principals' Cup football tournament at Stephen Keshi Stadium.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Bandits Attack Niger Official in Abuja, Injure Security
Armed bandits attacked a convoy carrying a Niger Republic official in Abuja, leaving multiple security aides injured in a daring assault that raises security concerns in Nigeria's capital territory.
Kano Mandates Monthly Security Meetings Across All LGAs
Kano State Government orders mandatory monthly security meetings at all local councils to address escalating security challenges through coordinated grassroots approach.
Tinubu Declares Emergency for Security Training
In a groundbreaking move, President Bola Tinubu announces emergency measures for Nigeria's security training facilities, signaling massive overhaul to combat rising security challenges.
Tinubu Declares Emergency on Security Training
In a bold move to combat rising insecurity, President Bola Tinubu announces emergency measures to overhaul security training academies across Nigeria, aiming to produce better-equipped personnel.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Keystone Bank CEO Honoured with CIBN Fellowship
The Chartered Institute of Bankers of Nigeria confers esteemed fellowship on Keystone Bank's Managing Director, recognizing his exceptional contributions to Nigeria's banking sector.
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