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Business

How bank customers are being short-changed through exorbitant charges

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The dispute over USSD charges has brought to the fore how banks and telecommunications companies (telcos) have been dipping into customers' wallets through needless...
Business

Telecom companies, banks and unresolved USSD debts

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By Sonny Aragba-Akpore Despite the hype around financial inclusion which telecommunications regulator, the Nigerian Communications Commission (NCC) puts at 70%, the controversy surrounding the...
Business

Hurray…or maybe… as CBN empties vaults, orders banks to work on Saturdays and Sundays to meet cash needs

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This weekend may see an end to the cash needs of lamenting Nigerians as the Central Bank of Nigeria (CBN) claims it has emptied...
Business

At last, CBN obeys Supreme Court order, directs banks to receive old N200, N500, N1000 notes

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As first disclosed by former Central Bank of Nigeria (CBN) governor and sitting Governor of Anambra State, Prof Charles Soludo , the CBN has...
Uncategorized

EFCC recovers another N900m for NHIS from banks

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Again, EFCC Recovers N900 Million for NHIS The Economic and Financial Crimes Commission, EFCC, has recovered an additional sum of N900,000,000 (Nine Hundred Million Naira)...
News

EFCC silent on consequences for banks that ‘stole’ NHIS’ N3b, but not so for 45 others

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Nearly N3 billion has been credited to the coffers of the National Health Insurance Scheme in the two months of February and August, this...
Business

Bank Fraud: Customer Recounts Ordeal, Over 80% Nigerians Threatened

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Bank Fraud: Customer Recounts Ordeal, Over 80% Nigerians Threatened By insidebusiness.ng Olarewaju Alale is just one out of many Nigerians who have fallen victim to fraudulent...
Business

Customers swell Zenith, GTBank, UBA revenue by N42.95bn from account maintenance fees

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Leading banks in the country, Zenith Bank Plc, Guaranty Trust Bank plc (GTBank) and United Bank of Africa (UBA) Plc altogether earned a total...
News

How FG, with banks, are providing off-grid power supply to 25 million Nigerians

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By Laolu Akande,Senior Special Assistant to the President on Media & Publicity, Office of the Vice President Designed to boost ongoing efforts to fix Nigeria’s...
Business

Sanity prevails as FG backs down, apologises over call for re-registration in banks, others

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After a few hours of mad reactions from Nigerians over a directive for all account holders to go through the rigours of re-registering their...
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