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CBN Announces Date It Will Stop Selling Forex to Banks
The Central Bank of Nigeria (CBN) has revealed that it will no longer sell forex to banks by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme. Emefiele said the time had come for the banks to go out there and source for for -
Singer, Reekado Banks Calls Out Bolt On His Producer’s Missing Bag
Nigerian singer, Reekado Banks has called out online taxi service company, Bolt, for not coming to his producer’s aid after he lost his bag in one of its taxis.The ‘Ozumba Mbadiwe’ crooner, who complained on Twitter yesterday, said that his producer mistakenly left his bag, which had a hard drive containing his songs, in a Bolt ride.He said -
Armed Robbers Attack Three Banks In Kogi, Kill Little Girl, Two Others
A robbery attack on three first-generation banks has left three persons dead. It was gathered that the incident happened in Egbe, the commercial hub of Yagba West Local Council of Kogi State. The incident, according to eyewitnesses, started at about 3pm on Tuesday and lasted for about two hours as the police operatives tried to repel the robbers. -
You Be Giant For Your Pocket - Reekado Banks Comes For Burna Boy In New Song
Nigerian singer, Reekado Banks has dropped a subtle sub for Grammy-winner and self-acclaimed African Giant, Damini ”Burna Boy” Ogulu. Reekado born, Ayoleyi Hanniel Solomon, recently released a new song titled; Ozumba Mbadiwe, and it has been trending largely due to some of the lyrics which appear to be targeted at Burna. Ozumba Mbadiwe, is als -
Sunday Igboho Has 43 Account In 9 Banks, Federal Government Has Identified His Sponsors -Malami
The Federal Government on Friday revealed an alleged sponsor of self-acclaimed Yoruba activist and the major pioneer of the agitation for Oduduwa Republic, Sunday Adeyemo, also known as Sunday Igboho.Abubakar Malami, the Attorney General Of The Federation And Minister Of Justice disclosed this during a press conference in Abuja, the nation’s cap -
Commercials Banks Shut Down As Robbers Send ‘Notice Of Attack’ In Ogun
Commercials banks in Ijebu-Ode area of Ogun State have refused to open for business over fear of being attacked by armed robbers.Sources said the banks have since Monday down tools following letters allegedly sent to some of them by the suspected robbers.The fear of the bankers were not unconnected with the way some of the banks were robbed some y -
EFCC Tells Banks To Investigate Customers Source Of Income
The Economic and Financial Crimes Commission (EFCC) has asked banks to investigate the source of income of their customers. The chairman of the commission, Abdulrasheed Bawa, said this on Tuesday, 24th August 2021, when members of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) paid him a courtesy visit in Abuja.Bawa said s -
Residents of Edo State Without COVID-19 Vaccination To Be Denied Entry into Banks, Churches
Residents of Edo State without evidence of COVID-19 vaccination, will no longer be allowed access to public and private places, including banks, event and worship centres, from the second week of September.The State Governor, Mr. Godwin Obaseki, announced this on Monday in Benin, while flagging off the second phase of Coronavirus vaccination exerc -
OSUN BANKS ROBBERY! Police Recovers Suspect Vehicles, Ammunition
Osun State Police Command, Friday disclosed that it has recovered operational vehicles the dare devil armed robbers used to rob banks in Iree, a community in Boripe Local Government area of the state.The Armed robbers numbering over 20 on Thursday afternoon, stormed the community, attacked a police division and robbed two commercial banks simultan -
"We’ve Recovered N89.2 Billion Excess & Illegal Charges Slammed On Nigerians By Banks" — CBN
The Central Bank of Nigeria, CBN, has disclosed that it has so far recovered N89.2 billion excess and ill*gal charges slammed on customers by banks in Nigeria.Meanwhile the apex bank also said that Nigeria’s financial system is sound, resilient and stable contrary to rumors in unnamed quarters.The CBN Governor, Godwin Emefiele, represented by th -
One Person Killed As Armed Robbers Attack Two Banks In Osun
One person was reportedly killed when armed robbers attacked two new generation banks in Iree in Boripe Local Government Area of Osun State.According to The Nation, the armed robbers invaded the bank around 3:50 pm on Thursday and started shooting indiscriminately to scare residents and invade the banks.Osun police spokesperson, SP Yemisi Opalola, -
Just In: One Feared Dead As Robbers Attack Two Banks In Osun State
Armed robbers on Thursday afternoon robbed two commercial banks in Ire, Osun State.We gathered that a stray bullet killed a yet-to-be-identified student during the operations.According to an eyewitness, the armed robbers stormed the United Bank of Africa, UBA, and another bank at Boripe Local government.The daredevils were said to have escaped thr -
Outrage as Nigerian Banks Now Charge Mandatory N6.98 For Every USSD Transaction
Commercial banks and mobile network providers in Nigeria have started charging customers a flat rate of N6.98 for every USSD transaction.Many users of USSD services in Nigeria started to see a notice to pay N6.98 for each transaction session on Friday, June 4.A notice received by a bank customer read, “Welcome to USSD Banking. Please note, a N6. -
Outrage as Nigerian Banks Now Charge Mandatory N6.98 For Every USSD Transaction
Commercial banks and mobile network providers in Nigeria have started charging customers a flat rate of N6.98 for every USSD transaction.Many users of USSD services in Nigeria started to see a notice to pay N6.98 for each transaction session on Friday, June 4.A notice received by a bank customer read, “Welcome to USSD Banking. Please note, a N6. -
House Of Rep Member, Gbajabiamila Express Concern Over Banks Hidden Charges Imposes On Customers
The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed concern over the way Deposit Money Banks charge account holders indiscriminately, decrying that apart from known charges, there appeared to be other ‘hidden’ charges that banks imposed on their customers.Gbajabiamila, who noted that the House was concerned that such -
My Girlfriend Stabbed My Cook For Cooking For Me - Nigeran Artist Reekado Banks Reveals
Popular Nigerian singer, Ayoleyi Hanniel Solomon better known by his stage name, Reekado Banks, has revealed the extreme action his jealous girlfriend took against his cook. According to Reekado, his girlfriend stabbed his personal cook for cooking his meal in her absence. He made the revelation during a question and answer session on Instagram, a -
"We Are Not Voting Anyone Who Has No Plans Of Reforming The Police For Good" - Reekado Banks
Popular Nigerian singer, Reekado Banks has disclosed the kind of leaders he will vote for in the upcoming Presidential Elections.Reekado Banks in his tweet said leaders who have no plans of reforming the police for good, will not be voted in. He Tweeted; "We are not voting in anyone who has no plans on reforming the police for good.& -
USSD! Banks Unblock MTN, Reconnect Telco To Banking Channels
After 48 hours of disconnecting MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps, commercial banks on Sunday have reconnected MTN customers to banking channels, The PUNCH can confirm.Punch correspondent gathered that the development followed the intervention of the Minister of Commu -
MTN Snubs Banks, Connects 77 Million Subscribers To FINTECH Platforms As USSD War Escalates
MTN customers in Nigeria now have alternative electronic payment platforms to recharge their phones as the mobile network operator on Saturday announced that customers can recharge airtime through payment solutions platforms such as Flutterwave, Jumia Pay, OPay, Kuda, Carbon and BillsnPay for customers to recharge virtually.MTN in a statement on S -
Just In: Banks Disconnect MTN From Banking Channels
In the early hours of today, commercial banks disconnected MTN customers from using banking channels including the Unstructured Supplementary Service Data and mobile banking apps.MTN customers complained on Friday about being unable to recharge their MTN lines using USSD and other banking channels like the bank apps.Customers were also unable to d -
Indebtedness: Telecom Operators To Withdraw USSD Services To Banks
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) on Friday says its members will withdraw USSD services to financial service providers due to huge indebtedness.ALTON said this in a statement on Friday signed by its Chairman, Mr Gbenga Adebayo and Head of Operations, Mr Gbolahan Awonuga made available to the News Agency of -
"Banks Are Turning Female Marketers To Sexual Slaves" -Sen. Ayo Akinyelure Blows Hot
The Senate, on Thursday, considered a bill seeking to stop employers in the private and public sectors from engaging employable Nigerian graduates as casual workers.The Prohibition of Casualisation Bill 2020, was sponsored by Senator Ayo Akinyelure. He said casualization of Nigerian graduates in the Nigerian labour market had become a subject of g -
Enrico Monfrini Explains How He Helped Nigeria Recover $2.4BN Of Abacha's Stolen Money From Swiss Banks
Details how billions of dollars stolen by late General Sani Abacha has been made public by a lawyer who helped recover the funds.A lawyer from Switzerland has opened up on how he joined forces with Nigeria to recover billions of dollars stolen by Nigeria's greatest thief, Sani Abacha. In an interview with the BBC, Enrico Monfrini said it all -
*comment*] What God Showed me About CBN & Other Banks - Primate Ayodele Reveals Part of 2021 Prophecies
The founder and leader of the INRI Evangelical Spiritual Church, Elijah Ayodele, has released prophecies concerning the Central Bank of Nigeria, CBN, and other financial institutions in the country.This was contained in multiple prophecies he made available to DAILY POST, on events that would happen in 2021.“The CBN LOGO will still be changed in -
CBN Withdraws Licences Of 42 Microfinance Banks Across The Country
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down.The Nigeria Deposit Insurance Corporation (NDIC) has stepped in to wind down the banks.In a statement, the NDIC said it would promptly commence the verification of claims of depositors from today.The affect -
"I Felt Disrespected" - Reekado Banks Finally Reacts To Wizkid's 'You Are A Fool' Comment
Nigerian artist Reekado Banks has disclosed how he felt after his colleague artist Wizkid threw insults at him on social media some weeks ago.Recall that on the 15th of November, 2020, Wizkid lost his cool with Reekado Banks after he took to his Twitter page to share a song he featured on while the whole of Nigeria was going through a crisis.Wizki -
CBN Orders Nigerian Banks To Start Charging Customers For Failed Transactions
Nigerian banks have started charging customers for failed transactions, a move that could further compound economic hardship already assailing the masses.The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who initiate direct debit transactions on their account but lack funds to complete t -
List Of Banks Affected During #ENDSARS Protest
Banks that have been set ablaze during the violent #ENDSARS Protect are listed below.... Banks that were affected so far. First bank – 10 – Aba(3), Umuahia (1), Enugu(1), Ikot Ekpene (1), Lagos (4).Union(10)GTB –(9)Access–8, Lagos (5), Aba(1),Calabar(1), Uyo(1).Heritage – 1, Lagos(1)Ecobank - 1, Benin(1)Stanbic IBTC -2, Lagos(2)Polaris -
WAR BREWING! Reekado Banks Unfollows Wizkid On Instagram After He Was Bashed by Wizkid
There seems to be a silent war going on between popular Nigerian singer, Reekado Banks and Wizkid as Banks unfollows Wizkid on Instagram, few days after the star boy blasted him on Twitter.Wizkid slammed Reekado for announcing a release of an ‘old song’ the both of them recorded.Apparently, Wizkid feels this isn’t right time to release songs -
Wizkid Lashes Out At Singer, Reekado Banks For Releasing A Track Amidst #ENDSARS Brouhaha
Wizkid is apparently still very much keen in the fight against police brutality, so much so that he has lashed out at fellow musician Reekado Banks for releasing a track amidst the current turmoil.Banks took to his Twitter page to announce the impending release of his track ‘Omo Olomo’, which features the Starboy supremo.And the ‘Smile’
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