Global tech outage disrupts airlines, banks, healthcare, public transit operations
A major technology outage grounded flights, hampered public transit systems and disrupted operations at banks and hospitals around the globe Friday in an incident a cybersecurity firm blamed on a…
Banks to charge customers 0.5% cybersecurity levy on CBN orders
Bank customers will face another layer of deductions as the Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on…
60,000 staffers sacked in 2023 by 20 of the world’s largest banks
A disturbing hail of sacks and downsizing trailed the global banking sector in 2023 with over 60,000 employees of banks losing their jobs among just 20 of the world’s biggest…
E-transaction failures: Banks are frustrating us, customers cry out
Some bank customers in the Federal Capital Territory (FCT) have called on banks to strengthen their customers’ service and complaints resolution mechanism on e-transactions to reduce unnecessary stress faced by…
Catholic Bishop knocks CBN, Banks over scarcity of new naira notes
The Bishop of Catholic Diocese of Oyo, Most Rev. Emmanuel Badejo, has called on the Federal Government not to allow Naira notes redesign to cause more hardship for the masses….
What Kyari told Nigerian Editors about a new NNPC (Full transcript)
At NNPC, there’s a new culture of transparency President Buhari has given us free hand to do things the right way Banks are refusing to finance refining of fossil fuel…
#EndSARS: Banks close shop in Benin, residents angry
Banks in Benin, Edo on Monday shut down operations over the inability of their staff to access their duty posts. EndSARS protesters had as at 6:00 a.m. blocked major roads…
Henceforth, no bank will sack more than five staff without approval – CBN
To stem the gale of sack in Banks, the Central Bank of Nigeria (CBN) has given a stern warning to all banks to seek its approval before sacking more than…
Financial inclusion: IT company wants new, innovative technology solutions
April 13, 2018 The E-Payment Providers Association of Nigeria (EPPAN) on Friday urged financial service providers to seek new and innovative technology solutions to make inclusion at the bottom of…
Robbers attack police station, kill six policemen; raid five banks, kill customers, others
A gang of armed robbers  on Thursday raided some commercial banks in Offa, Kwara, killing no fewer than six policemen and six others including bank customers and passersby as well…