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Automated Teller Machine
Some bank customers have frowned at their banks’ for not complying with the new guidelines for charges on Automated Teller Machine (ATM), released by the Central Bank of Nigeria (CBN).
An attempt to raid an old generation bank in Mpape area of the Federal Capital Territory, Abuja by dare-devil robbers in alleged connivance with some of the bank’s staff and security men was foiled by Policemen and soldiers from the Guards Brigade.
Sunday Adole, a security guard, on Friday appeared in an Ikeja Chief Magistrates’ Court, Lagos for allegedly stealing his lover’s ATM card and withdrawing N1.09 million from the account.
The younger sister to the former Chairman of Pension Reform Task Team, Abdulrasheed Maina, who is standing trial for money laundering, on Monday, told the Federal High Court, Abuja, that she never knew that her brother was engaged in any other business aside government work.
The financial stability report signed by CBN Director, Financial Policy and Regulation Department, Kelvin Amugo, showed that in the less than 30-day period analysis, seven banks were not adequately funded, while in the 31 to 90-day period, nine banks had funding gaps.
Nigeria’s anti-corruption agency, EFCC, on Thursday arraigned a banker, Adam Adam, before a State High Court in Yobe State over alleged theft of N11.7million.
They were shouting ‘don’t move, don’t move, come out.’ I thought they were armed robbers because they did not look like policemen.” That was the impression Osaretin Erins had when he and his friend, Raymond, were ambushed at a suya joint in Abule Egba, along Lagos-Abeokuta Expressway around 10pm on Thursday.
As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.
Two suspected fraudsters have been arrested by the Borno Command of the Nigerian Security and Civil Defence Corps (NSCDC) for allegedly defrauding a job seeker of N1.3 million in Maiduguri.
The Nigerian Interbank Settlement System (NIBSS), says the NIBSS-Interbank Payments (NIP) recorded an increase in the volume of transactions in the first quarter of 2019 over transactions made through cheques.
The Defence Headquarters (DHQ) says ongoing military operations to combat terrorism, banditry and economic sabotage has recorded some successes in the last one week.
The Police Command in Enugu State has arrested an alleged armed robbery suspect while withdrawing money with a victim’s Automated Teller Machine (ATM) card within Enugu metropolis.
Ghanaian midfielder Mubarak Wakaso has signed a three year contract with Chinese Super League side Jiangsu Suning after his two-and-a-half-year spell in the Spanish La Liga with Alaves, the Chinese club confirmed on Wednesday.
Kogi state governor, Yahaya Bello, on Wednesday warned that his administration would deal ruthlessly with all criminal elements in the state, saying he would not negotiate with bandits.
The Presidency has described as mere speculations the reported planned imposition of visa restrictions on some African and Asian countries including Nigeria by the America’s government led by President Donald Trump.
A funding offer by a billionaire Zimbabwe telecoms tycoon on Wednesday prompted the country's doctors to consider ending a long-running strike over wage payments.
Former Super Eagles head coach Sunday Oliseh has heaped plaudits on Arsenal manager Mikel Arteta for his dexterity in Tuesday’s 2-2 draw against London rivals Chelsea at the Stamford Bridge.
The Nigerian Film Corporation (NFC) has signed a ‘cooperation’ agreement with the Centre National du Cinema (CNC) and the Moving Image for film production.
Kwara State has received a total of N3.6bn as net allocation for the month of January 2020, Finance Commissioner Olasumbo Florence Oyeyemi said in a statement on Sunday.
Protesters have returned to the streets in Iraq, sealing streets with burning tires and threatening further escalation at a time of difficult economic conditions.
Operatives of the Nigeria Customs Service (NCS) have stormed a warehouse holding pirated insecticides worth millions of naira in a remote village in Kano State.
The camp of Powerlifters is in disarray as some athletes have sworn not to report to camp ahead of the Powerlifting World Cup billed for Abuja which serves as qualifiers for the 2020 Olympics.