Sunday, June 28, 2026

Banks

February 22, 2021

Bank, staff set for arraignment over illegal deduction from customer’s account

The EFCC asserted that Ms. Audu aided another staff and relationship officer to transfer N197.2 million from a customer’s account.

EFCC Officials used to illustrate the story. [PHOTO CREDIT: The Guardian Nigeria]
November 20, 2020

Nigerian stocks tumble as banks post poor third quarter results

The All-Share Index lost 506.83 points or 1.46 percent to close at 34,136.82.

Stock Market
November 20, 2020

Nigerian banks begin charging customers for failed transactions

If there’s no money at the time of the failed transaction, the charges will be withdrawn from the account whenever it is funded.

Central Bank of Nigeria (CBN)