DMBs
8 Sep
The Nigerian Communications Commission (NCC) has confirmed that the impasse between telecommunication operators and deposit money banks (DMBs) over the accumulated N120 billion unstructured supplementary service data (USSD) debt has been resolved after the intervention of the Central Bank...
18 Aug
Information available to The Guardian has revealed that the dispute over the N120 billion unstructured supplementary service data (USSD) debts owed telcos by deposit money banks (DMBs) is far from being resolved.
10 Jul
Cameroun, Croatia, Korea and Vietnam have been added to the money laundering watch list of the Central Bank of Nigeria (CBN), according to a circular issued to deposit money banks (DMBs).
8 Mar
In the face of outcry over rising transaction costs of financial services, deposit money banks (DMBs) have extended electronic money transfer levy (EMTL) to domiciliary accounts.
6 Feb
As public rage turns against deposit money banks (DMBs) with images of concealed new banknotes in banking halls, the Association of Corporate Affairs Managers of Banks (ACAMB) has insisted the financial institutions do not have any reason to hoard the currency...
28 Jan
Barely three days to Jan. 31 deadline for old naira exchange, the Central Bank of Nigeria (CBN) has engaged 200 agents to fast track its cash swap policy in Jigawa.
22 Jan
Some bank customers have decried scarcity of the redesigned N1,000, N500 and N200 notes in Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs).
3 Jan
Financial data obtained by The Guardian suggest that deposit money banks (DMBs) had less reason to worry about liquidity last year as borrowing from the Central Bank of Nigeria (CBN) to meet urgent short-term needs dropped by 15.3 per cent to N11.01 trillion.
7 Dec 2022
CBN said the circular is in line with the cashless policy of the apex bank.The circular directed all deposit money banks and other financial institutions to note and comply with a number of directives.
Latest
2 hours ago
Newcastle enjoyed a dream return to the Champions League at St James' Park as Paris Saint-Germain were humbled in a 4-1 victory for the Magpies on Wednesday.
2 hours ago
At least 20 members of the Cherubim & Seraphim Movement Church, Divine Blessing Cathedral (DBC), Alagbado, Lagos, have become recipients of the N20 million dole out to them by the Chairman/Chief Executive Officer of Chemstar Group, Dr Emmanuel Awode, as part of activities to celebrate his Diamond Jubilee birthday. The N20 million, which was presented…
2 hours ago
A group under the aegis of "APC Youth Group for Good Governance" (AYG3) has flayed remarks by the PDP it termed as 'derogatory' against the Benue State Security Advisor Chief, Sgt Joseph Har (rtd). The People's Democratic Party (PDP) had issued a press statement a few days ago through its Publicity Secretary Bemgba Iortyom…
2 hours ago
The Partnership for Issues-based Campaign in Nigeria (PICaN) on Wednesday cautioned the Nigerian Judiciary against using technicalities to pervert what it called the “popular and freewill” of Nigerians. Addressing a press conference in Kaduna on Wednesday, the National President of PICaN, Comrade Bako Abdul Usman who also doubled as the National President of Campaign for…
2 hours ago
...Opposition tasks judiciary on independence The New Nigeria Peoples Party (NNPP) has said that those who staged a protest at the Nigeria High Commission in London on the nation's independence day were patriotic Nigerians resident abroad who only expressed their outrage over what they see as injustice. Some Nigerians had protested in London on the…
3 hours ago
Tens of thousands of health care workers in the United States walked off the job Wednesday, beginning one of the sector's largest strikes in recent history, as America's year of labor discontent rolled on.
4 hours ago
Alvaro Morata hit a brace as Atletico Madrid twice came from behind to beat Feyenoord 3-2 and move top of Champions League Group E on Wednesday.
5 hours ago
DUBAI, UNITED ARAB EMIRATES, 4 October 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is thrilled to announce its participation in ETHMilan, one of the largest Web3 conferences in the world. The dates are Oct. 5-6, 2023 and the event will convene leading minds from blockchain and decentralized finance. Bybit is a natural…
5 hours ago
The London Borough of Southwark recently organised an event to celebrate Nigeria’s 63rd independence anniversary, during which the immediate past Nigeria's High Commissioner to the United Kingdom, Ambassador Sarafa Tunji Isola was honoured.
6 hours ago
An educationist and the Director of Caleb Group of Schools, Dr. Ola Adebogun, has stated that the school in its few years of establishment has displayed great potential in academic learning that is rich in raising global leaders. Adebogun, who made this remark in Ikeja, Lagos, said the experience of the college in this direction…