4 results
- 13 Feb 2018
Reps Seek Stiffer Punishment for Banks over Illegal Charges
House of Representatives Committee on Banking and Currency on Tuesday opted for stiffer penalties of millions of Naira as fine for commercial banks which engage in an illegal deduction of spurious…
- 13 Feb 2018
CBN Seeks Shell Banks Abolished In Nigeria
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve as institutions for money laundering. Shell banks are institutions that carry out…
- 29 Apr 2018
CBN to Sack Banks’ CEOs, Others over Delayed Accounts
Any bank which fails to publish its annual account 12 months after the financial year end will have its chief executive sacked, Godwin Emefiele, governor, Central Bank of Nigeria (CBN) has said.…
- 3 Jan 2019
CBN Orders Banks, Others to Upload Customers’ Complaints Daily
Central Bank of Nigeria (CBN) has ordered banks to upload customers’ complaints on a daily basis into it recently developed Consumer Complaints Management System (CCMS). This is coming as…