Former Ghanaian President, Mahama hits Akufo-Addo on failed banks
The recent banking crisis that resulted in the collapse of several indigenous financial institutions in Ghana has continued to worry nationalists. Recall that some banks in Ghana recently went under following a recapitalization deadline they could not meet, thus creating…
CBN gives cashless policy human face, brushes down charges on financial services
Following endless complains against rising bank transaction charges on Nigerians at a time the Federal Government is pursuing financial inclusion and digital economy principles, the Central Bank of Nigeria (CBN) on December 20, 2019 released two (2) regulatory guidelines to…
Activities of cyber criminals had assumed a high dimension— Akinwuntan
Managing Director of Ecobank Nigeria, Patrick Akinwuntan has raised what he described as issue of urgent national importance, saying time has come for all stakeholders collaboration in the fight against cybercrimes in the country to save the financial industry. Speaking…
3 years after, CBN returns charges on cash deposits, withdrawals from N.5mn
Three years after it stopped the charges following introduction of cashless policy, the Central Bank of Nigeria (CBN) has announced the reintroduction of bank charges on certain categories of cash deposits and withdrawals starting from transactions in the region of…
