31 h. ago ATM Fees: Open Accounts In Banks Close To You, Cardoso Advises Customers

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged Nigerians to open bank accounts in banks that are close to them or have Automated Teller Machines (ATMs) close to them to avoid paying the new charges which takes effect from March 1, 2025. Speaking at the end of the Monetary Policy Committee […]

Economics

61 h. ago LG autonomy: CBN, 774 chairmen differ over councils’ account opening

The Central Bank of Nigeria has commenced profiling the chairmen and signatories to the bank accounts of the 774 local government areas in the country, as part of processes to commence local government autonomy.  The Director of Legal Services at the CBN, Kofo Salam-Alada, explained that this was necessary to ensure financial accountability. However, the Read More

Politics

3 d. ago Publish details of dormant accounts, unclaimed balances, CBN orders banks

Tribune Online Publish details of dormant accounts, unclaimed balances, CBN orders banks ...CBN has directed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their official websites. Publish details of dormant accounts, unclaimed balances, CBN orders banks Tribune Online

Politics

3 d. ago CBN directs banks to publish account name, dormant types, unclaimed balances

The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to publish the name of the read more CBN directs banks to publish account name, dormant types, unclaimed balances

Politics

3 d. ago CBN orders banks to disclose dormant account details, unclaimed balances

From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets in line with the Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks and Other Financial Institutions in Nigeria 2024. […] The post CBN orders banks to disclose dormant account details, unclaimed balances appeared first on The Sun Nigeria.

Politics

4 d. ago Court restrains CBN, others from withholding Kano LG allocation

Tribune Online Court restrains CBN, others from withholding Kano LG allocation A Kano State High Court, on Monday, issued an order of perpetual injunction restraining the Central Bank of Nigeria (CBN) from withholding funds from the Federation Account to the 44 local governments of the state. According to the News Agency of Nigeria (NAN), the applicants were the Chairman of National Union of Local Government Employee […] Court restrains CBN, others from withholding Kano LG allocation Tribune Online

Politics