Tag: Banks
Banks, others to pay for police escorts – Presidency
The Presidency, on Wednesday, said banks and other big corporations the country would henceforth pay for the services of police escorts and guards.
The Senior...
Cheques cleared by banks in May totalled N246.62bn — NIBSS
The Nigeria Interbank Settlement System (NIBSS) has in its latest report stated that deposit money banks in the country cleared cheques valued at N246.62...
Banks spent N552bn on employee cost in 2020 — Reports
The Banking sector in 2020 spent N552bn on personnel cost, reports say.
This was despite the retrenchment of workers and the cut in employee-related expenses...
Telecoms operators to suspend USSD service from banks over N42b debt
The use of Unstructured Supplementary Service Data (USSD) by banks and other financial institutions in the country will be stopped by Telecom operators in...
Banks get over N600bn CBN debits for not meeting up CRR
By Francis Ogwo
Deposit money banks (DMBs) reported that on Friday they were debited by the Central Bank of Nigeria (CBN) of over N600 billion...
‘Nigeria’s banks recorded 5,547 employees reduction in one year’ – NBS...
By Francis Ogwo
Latest data from the National Bureau of Statistics (NBS) has revealed that the total staff strength of the Nigeria's Deposit Money Banks...