FBN $718m Debt: Court Orders Banks To Blacklist Nduka Obaigbena From Financial Transactions
LAGOS JANUARY 11TH (NEWSRANGERS)-The Lagos Division of the Federal High Court has ordered all banks operating in Nigeria to blacklist media executive Nduka Obaigbena and members of his family over…
Dollar Scarcity Hits Nigeria Banks, Require One Month To Provide Customers’ Request
LAGOS MAY 26TH (NEWSRANGERS)-Nigerian banks require up to one month to provide customers with dollars for their offshore expenses, a move that will limit access to the currency at a…
CBN Bans Cryptocurrency Exchange in Nigeria Financial Institutions
LAGOS FEBRUARY 5TH (NEWSRANGERS)-The Central Bank of Nigeria on February 5, 2021, released a statement signed by the Director of Banking Supervision Bello Hassan and the Director of Payments System…
Nigeria Banks Sack Over 2,929 Staff Within Three Months
LAGOS DECEMBER 3RD (NEWSRANGERS)-Banks in Nigeria sacked total of 2,929 workers in the third quarter of 2019 according to fresh data from the National Bureau of Statistics. The details…
EFCC Boss Accuses Nigeria Banks Of Defrauding Nigerians Via Western Union
LAGOS NOVEMBER 8TH (NEWSRANGERS)-Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has accused Western Union of defrauding Nigerians. Magu also said fear of the EFCC has…