Latest Reekado Banks News, Photos, Gossip & Rumours!

Naija news headlines & latest celebrity gists from Nigeria, covers subjects of sports, politics, celebrities and latest news headlines

NIMC Partners With Banks For Seamless Process For The New National ID Card Distribution

In a move aimed at enhancing efficiency and convenience, the National Identity Management Commission (NIMC) has announced a groundbreaking initiative for the distribution of the upcoming national ID card. The commission revealed that the distribution process will now be handled through individuals' banks, revolutionizing how Nigerians access

CBN Prohibits Foreign Currency Collateral For Naira Loans, Banks Given 90 Days To Comply

The Central Bank of Nigeria (CBN) has instituted a significant policy shift, barring Deposit Money Banks (DMBs) from accepting foreign currency-denominated collateral to secure naira loans. This directive, conveyed through a letter signed by Adetona Adedeji, the acting Director of the Banking Supervision Department, seeks to reshape lending practi
CBN Sets New Minimum Capital Requirements For Banks At N500 billion

The Central Bank of Nigeria (CBN) has introduced revised minimum capital requirements for banks, stipulating a minimum capital base of ₦500 billion for commercial banks with international authorization.In a circular addressed to all commercial, merchant, and non-interest banks, as well as promoters of proposed banks, the Director of the Financia

BREAKING! CBN Increases Capital Base For Commercial Banks

The Central Bank of Nigeria (CBN) has raised the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn.CBN confirmed this on Thursday, in a statement signed by its Acting Director, Corporate Communications, Sidi Ali.The apex bank’s move mandates substantial increases in the minimum capital base
Singer Reekado Banks Argues Music Money Is Bigger Than Football Money After He Buys 16 Houses At Once

Popular Nigerian singer Reekado Banks has set tongues wagging by reportedly purchasing 16 houses all at once.The former Mavin Records artist took to social media to share a glimpse of his latest acquisition, showcasing a sprawling mansion still under construction.According to the 30-year-old singer, the significant investment was not just about ow

BREAKING: CBN Directs Banks, Authorised Dealers To Use Reviewed Circulars, Guidelines

The Central Bank of Nigeria (CBN) has instructed Deposit Money Banks (DMBs), Licensed Non-interest banks, and other authorized dealers utilizing its discount window to adhere to new (revised) circulars and guidelines.CBN gave this directive due to its discovery that some old circulars and guidelines are still being used despite being replaced by n
VIDEO: Two Person Killed As Gunmen Attack Multiple Banks In Kogi

Unknown gunmen, on Thursday, attacked several banks in the busy town of Aiyingba, Kogi State.According to a now viral video, residents and motorists were seen running for safety as gunshots rented the air.Security personnel were also seen exchanging gunfire with the armed robbers.It was gathered that the affected banks include First Bank, Union Ba

VIDEO: Heavily Armed Robbers Attack Two Commercial Banks in Kogi

A group of notorious armed robbers att@cked two commercial banks in Anyingba, Dekina Local Government Area of Kogi state on Thursday, March 7. The robbers stormed the banks, shooting sporadically into the air.Security operatives however swiftly swung into action and engaged the criminals in a serious gun battle.Efforts to reach the State Command o
Don Jazzy Changed My Life, I Left Mavin Records Amicably - Singer, Reekado Banks Reveals

Oftentimes in the Nigerian music industry, when artists leave their record labels, it's over irreconcilable differences.Reekado Banks is however one of the exceptions to this norm as he shares that he left Mavin Records on an amicable note.While appearing in an interview with media personality Daddy Freeze, Reekado was asked by the veteran OA

EFCC Reveals How 70 Percent Of Financial Crimes In Nigeria Are Connected To Banks

The Economic and Financial Crimes Commission (EFCC) has disclosed that approximately 70 percent of financial crimes in Nigeria are linked to banks.Ola Olukoyede, the Chairman of the anti-graft agency, revealed this during his address at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria, he
Jubilation As CBN Orders Banks To Pay Customers Money Sent From Abroad In Naira

Nigerian banks have begun full implementation of the Central Bank of Nigeria’s revised guidelines on international money transfer operations in the country.CBN had on Wednesday, January 31, issued the revised guidelines on international money transfers which halted the payment of dollars to customers, among others.This means that Nigerians who r

VIDEO: Charly Boy Admits To Scamming Banks Before The 419 Trend Gained Momentum

Renowned artist, Charles Oputa, popularly known as Charly Boy, has admitted to engaging in bank scams before the notorious 419 fraud became popular in Nigeria.He disclosed this in the latest episode of The Honest Bunch Podcast, co-hosted by actor, Chinedu Ani Emmanuel, also known as Nedu. “I was scamming banks. Even before una begin hear of 419,
CBN Bans Banks And Fintechs From International Money Transfer Services

The Central Bank of Nigeria (CBN) has banned banks and financial technology companies (fintechs)across the country, from offering international money transfer services.This development is outlined in the revised guidelines for the operations of International Money Transfer Operators (IMTOs), officially released on January 31, 2024.According to the

Isaac Fayose Tells Tinubu To Close Down Nigerians' Domiciliary Accounts In Different Banks

Isaac Fayose, the brother to a former governor of Ekiti state, Ayo Fayose has asked President Tinubu to shut the domiciliary accounts of Nigerians in different banks in the country.According to him, this will solve the depreciation of the Naira against the Dollar.In a video that has gone viral, Isaac said the President should give a directive that
CBN Orders Banks to Sell Excess Dollars in 24 Hours in a Bid to Revive The Naira

The Central Bank of Nigeria (CBN) has instructed Deposit Money Banks to sell off their excess dollar stock by February 1, 2024.This comes amid its fresh moves to stabilise Nigeria’s volatile exchange rate.The CBN gave this order in a new circular released on Wednesday.It also warned lenders against hoarding excess foreign currencies for profit.A

BREAKING: CBN Dissolves Boards Of Union, Keystone, Polaris, Titan Banks

The Central Bank of Nigeria (CBN) has disolved the boards and management of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank.The apex bank made the disclosure in a formal statement that was uploaded to its official X microblogging account.The statement reads, “The Central Bank of Nigeria (CBN) has disolved the boards and the managem

The CEOs of Zenith, Providus, & Jaiz Banks Invited by EFCC Over Betta Edu's Fraud Case

No Cause For Alarm, Your Funds Are Safe In Banks, CBN Assures Depositors

The Central Bank of Nigeria, CBN, says there is no need for Nigerian depositors to panic over the safety of their funds in any bank.The apex bank gave this assurance in a press statement signed by its Acting Director, Corporate Communication, Mrs. Sidi-Ali Hakama, said: “The CBN has noticed reports, in certain media outlets, about a
CBN Investigator Vows FG Will Recover Two Banks Illegally Sold To Emefiele

Jim Obazee, President Bola Ahmed Tinubu’s investigator probing the Central Bank of Nigeria, CBN, has revealed that the government is on the verge of recovering two banks illegally sold to former CBN governor, Godwin Emefiele.According to the report, Emefiele used proxies to acquire Union Bank of Nigeria for Titan Trust Bank Limited and Keystone

CBN Threatens To Sanction Banks, PoS Operators Disrupting Circulation Of Naira

The Central Bank of Nigeria (CBN), on Thursday, disclosed there is a collusion between some Deposit Money Banks and Point of Sale (PoS) operators that is hindering the availability of cash and disrupting the seamless circulation of the Naira.The apex bank via a statement by its acting Director of Communication and Public Relations, Sidi Ali, furth
Photos And Video Of Banks Attacked By Armed Robbers In Ekiti

Suspected armed robbers attacked two banks in Ikere, Ekiti state today December 13. According to reports, the armed robbers during the attack left some persons injured and carted away some money. It is unclear if there were any casualties.The state police command is yet to comment on this development. [html]

Nigerian Lady In Shock After Breaking Her Piggy Banks To Find Just N20, N50 (Video)

A Nigerian lady has been left heartbroken after she broke her both piggy banks only to find N20 and N50 naira inside after months of saving.In the video which she shared on her social media page, the lady claimed that she had saved an estimated amount of 300K at the very least and it was a surprise for her to see the small denominations inside.She
Singer Reekado Banks Spotted Stepping Out on a Date With Mystery Lady

Nigerian artist Reekado Banks has recently been at the center of dating rumors following a video showing him with an unidentified lady. The lady, who was dressed in a revealing two-piece outfit, was seen holding hands with Reekado Banks at various points during the night.Her appearance, including a back tattoo and a long luxurious wig, has caught

UPDATE: Naira Scarcity Worsens As Banks Limit Withdrawals, ATMs Run Dry

Residents of Lagos, Abuja, Kano, Katsina, Jigawa and Adamawa and in other parts of the country are expressing concerns over their inability to withdraw huge cash in their banks, raising fears of scarcity as experienced during the naira swap.This has also affected business transactions in local markets, especially in the northern part of Nigeria wh
Akwa Ibom Govt Shuts Down 3 Banks Over Failure to Remit N228.6m Debt

Three banks have been closed by the Internal Revenue Service of Akwa Ibom State for allegedly failing to pay N228.6 million in overdue taxes to the state government.In response to a Notice of Distraint issued by the Akwa Ibom State High Court, Eket Judicial Division, the banks were closed on Thursday during an exercise carried out by the board’s

Otukpo Robbery: CBN Directs Banks To Open From 8am To 2pm In Benue

The Central Bank of Nigeria,CBN, has put precautionary measures in place against future attacks on commercial banks in Benue State. The development followed the attack on some banks in Otukpo town, Benue State, by armed robbers on Friday, October 20, 2023. The CBN took the measures at an emergency meeting with the management of the affected banks

PICS: Many Feared Dead As Armed Robbers Raid Banks In Otukpo, Benue

Many persons are feared dead after armed robbers attacked Otukpo, Benue State, and raided some banks. According to reports, the armed men stormed different banks in the area, shooting sporadically while carrying out their loot.Photos shared online showed some of the banks raided. Eyewitnesses claim the robbers carried out their attacks unhindered
BREAKING: CBN Stops Banks From Utilising Naira Devaluation Gains

Nigeria's apex bank, the Central Bank of Nigeria (CBN) has instructed deposit money banks (DMBs) to refrain from using profits generated through the revaluation of the naira for dividend payouts or operational funding.CBN said a review of the foreign exchange (FX) regime change showed the banks are in a position to profit from the policy beca
Lagos Commercial Banks Shun NLC's Directives, Flop Strike

The call for withdrawal of service by the Nigeria Labour Congress, was defied by some commercial banks in Lagos, on Tuesday.The News Agency of Nigeria (NAN) reports that checks showed that Access Bank, First Bank, Guaranty Trust Bank (GTB), Zenith Bank, and Sterling Bank were among those that opened while customers were also seen at the various ba
Singer, Peter Okoye Blows Hot As He Calls Out Polaris And Access Banks Over Scam

Nigerian singer, Peter Okoye otherwise known as Mr P has called out some Nigerian banks over scams.Recall that Mr P, runs a lottery programme which online fraudsters have been using to scam people using his name.Taking to his Instagram page, the singer, who stated that he is fed up with them, revealed that scammers have been opening accounts in hi

Reekado Banks News, Photos and Videos

NIMC Partners With Banks For Seamless Process For The New National ID Card Distribution

CBN Prohibits Foreign Currency Collateral For Naira Loans, Banks Given 90 Days To Comply

CBN Sets New Minimum Capital Requirements For Banks At N500 billion

BREAKING! CBN Increases Capital Base For Commercial Banks

Singer Reekado Banks Argues Music Money Is Bigger Than Football Money After He Buys 16 Houses At Once

BREAKING: CBN Directs Banks, Authorised Dealers To Use Reviewed Circulars, Guidelines

VIDEO: Two Person Killed As Gunmen Attack Multiple Banks In Kogi

VIDEO: Heavily Armed Robbers Attack Two Commercial Banks in Kogi

Don Jazzy Changed My Life, I Left Mavin Records Amicably - Singer, Reekado Banks Reveals

EFCC Reveals How 70 Percent Of Financial Crimes In Nigeria Are Connected To Banks

Jubilation As CBN Orders Banks To Pay Customers Money Sent From Abroad In Naira

VIDEO: Charly Boy Admits To Scamming Banks Before The 419 Trend Gained Momentum

CBN Bans Banks And Fintechs From International Money Transfer Services

Isaac Fayose Tells Tinubu To Close Down Nigerians' Domiciliary Accounts In Different Banks

CBN Orders Banks to Sell Excess Dollars in 24 Hours in a Bid to Revive The Naira

BREAKING: CBN Dissolves Boards Of Union, Keystone, Polaris, Titan Banks

The CEOs of Zenith, Providus, & Jaiz Banks Invited by EFCC Over Betta Edu's Fraud Case

No Cause For Alarm, Your Funds Are Safe In Banks, CBN Assures Depositors

CBN Investigator Vows FG Will Recover Two Banks Illegally Sold To Emefiele

CBN Threatens To Sanction Banks, PoS Operators Disrupting Circulation Of Naira

Photos And Video Of Banks Attacked By Armed Robbers In Ekiti

Nigerian Lady In Shock After Breaking Her Piggy Banks To Find Just N20, N50 (Video)

Singer Reekado Banks Spotted Stepping Out on a Date With Mystery Lady

UPDATE: Naira Scarcity Worsens As Banks Limit Withdrawals, ATMs Run Dry

Akwa Ibom Govt Shuts Down 3 Banks Over Failure to Remit N228.6m Debt

Otukpo Robbery: CBN Directs Banks To Open From 8am To 2pm In Benue

PICS: Many Feared Dead As Armed Robbers Raid Banks In Otukpo, Benue

BREAKING: CBN Stops Banks From Utilising Naira Devaluation Gains

Lagos Commercial Banks Shun NLC's Directives, Flop Strike

Singer, Peter Okoye Blows Hot As He Calls Out Polaris And Access Banks Over Scam

News and Updates

Popular Stories Today

Top Stories This Week

LATEST COMMENTS

SECTIONS

Popular Tags