ATMs
16 Dec
Like a repeat of the pre-election crisis where access to cash becomes limited and cash gets traded for a premium, agent banking operators, popularly called PoS, have increased withdrawal charges through their outlets.
12 Dec
Point of Sale (POS) operators have been spotted in the Lekki area of Lagos State hawking new Naira notes as bank customers lament their inability to withdraw cash from ATMs. The operators charged N4,000 as a fee for N10,000 withdrawals. They displayed cash notes from N100 to N1000 for interested persons. This is coming a…
16 Sep
With fraud cases within the banking system rising by 9,004 per cent, which led to a loss of about N42.6 billion in the second quarter of 2024, 49 appointments have been terminated within the industry.
20 Feb 2024
The spate of attacks on Automated Teller Machines (ATM) has called for concerns with security experts giving solutions on how to combat the situation. Cyber security expert, Adeniji Ilerioluwase said that the most commonly used malware by cyber criminals is known as Tyupkin. This malware makes ATMs dispense cash on demand without the use of…
Latest
7 mins ago
The Corps Marshal, Federal Road Safety Corps (FRSC), Malam Shehu Mohammed, has pledged improved service delivery in 2025.
10 mins ago
In the exercise of his prerogative of mercy, Cross River State governor, Senator Bassey Otu, has granted unconditional pardon to 45 convicts
17 mins ago
Former President Olusegun Obasanjo says the Nigeria National Petroleum Company (NNPC) once rejected Aliko Dangote’s $750m offer to manage and end Nigerian refineries' woes through a public-private partnership. Recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management on ChannelsTV, Obasanjo revealed that his successor had refunded Dongote's money…
29 mins ago
Suspected UK people smugglers could face travel bans and swifter social media and mobile phone curbs, under government plans announced Thursday to reduce cross-Channel migrant arrivals by boat.
34 mins ago
Oluwajuwonlo Iledare, better known as Jaywon, has noted that calling him African Mariah Carey doesn’t bother him as he sees it as a compliment. He made this statement on his X page as his song, ‘This Year (Odun Yi)’, has become a trend for the new year. Fans acknowledged that this song by Jaywon is…
50 mins ago
The former Governor of Abia State and Senator representing Abia North, Sen. Orji Uzor Kalu, on Wednesday, said that President Ahmed Tinubu has taken hard decisions toward reducing the economic hardship facing the country, adding that if he were the President, he would not have the boldness and courage to take such decisions. The former…
1 hour ago
The Non-Academic Staff Union (NASU), FCE Special Oyo, has called on the federal government to prioritise workers' welfare in the new year. Chairman of the Union, Comrade Badmus Tolulope Adekunle, in an end of the year statement, called on the government to offset outstanding workers' 25/35% arrears, minimum wage, peculiar academic and non-academic allowance arrears,…
1 hour ago
Super Eagles hopeful, Gift Orban, is set to commence his medical before joining Bundesliga side TSG Hoffenheim from French Ligue 1 side, Lyon. The deal is expected to be in the range of €9m to the French side in the scheme of things. The Christian Holzer-managed side was in pole position to sign the Benue-born…
1 hour ago
The Vision Pioneer of Throne Room Trust Ministry in Kafanchan, Apostle Emmanuel Nuhu Kure, has described 2025 as a year that will usher in a new beginning for the nation's socio-economic life. Apostle Kure made the declaration during the ministry's annual New Year service held in Kafanchan, Jema'a Local Government Area (LGA) of Kaduna State.…