Can CBN stop deceiving Nigerians, reach deal with banks on mutilated notes—Expert
A top banking expert working for one of the new generation banks (name with held), has called on the Central Bank of Nigeria (CBN) to stop deceiving Nigerians especially the informal sector operators in disbursing new lower naira denominations directly…
Finance experts list agenda for stand-in Minister of Finance, Zainab Ahmed
Following the abrupt end of an era, talking about the weekend resignation of former Minister of Finance, Mrs. Kemi Adeosun, President Muhammadu Buhari has drafted in the former Minister of State for National Budget and Planning, Mrs. Zainab Ahmed to…
Union Bank’s Robotic Process Automation may cost jobs in the long run—Expert
Digital analysts have started picking holes on the recent introduction of Robotic Process Automation (RPA) by Union Bank Plc in some segments of its operations. The bank argued that the RPA would ease routine banking operations especially in the area…
CBN mute as some banks’ reduce ATMs’ dispensable highest cash to N10,000
…Complains of some banks deducting N65 from first withdrawal in a month rise Since the first quarter of this year, there are strong indications to establish that several commercial banks in Nigeria have recalibrated their Automated Teller Machines (ATMs) to…
ATMs frustrating withdrawals to control cash in circulation—BH Intelligence
Business Hilights Intelligence Unit (BHIU) has bumped on a confidential directive (source with held) to financial institutions to work towards strategic control of all cash access models from banks especially during the yuletide and beyond. The target is to continue…
17,000 ATMs inadequate to drive ease of banking—Adeoti
The managing director of Inlaks Group, Femi Adeoti has decried the poor number of Automated Teller Machines (ATMs) across the country, saying the number is not encouraging the national drive to financial inclusion and ease of banking. In an interview…
