The Economic and Financial Crimes Commission (EFCC) chairman, Ibrahim Magu, says the searchlight against corrupt Nigerians will soon be beaming on banks’ managing directors in the...
If the Bankers Committee has its way, bank customers will not be able to withdraw more than N10, 000 from across the counter, next time they...
The Federal Government has said it would not provide bailout funds to banks to boost their operations in the face of the persistent job losses in...
In spite of pleas by the Federal Government to financial establishments recently not to lay off staff, the Management of Skye Bank plc on Monday sent...
The Central Bank of Nigeria (CBN) has hinted of plans to move Bank Verification Number, BVN, for Nigerians in Diaspora to June 30, Ripples has gathered....
Worried by the gale of retrenchment across the banking sub-sector, the Federal Government has impressed on banks, the need to suspend all such exercise in order...
The Nigeria Deposit Insurance Corporation, NDIC, has said that 2% of Nigerians own 90% of total deposits in Nigerian banks, indicating the widespread inbalance in wealth...
Two new generation banks are technically bankrupt, Ripples has learnt. Investigations showed that the Capital Adequacy Ratios (CARs) of these two commercial banks fell below regulatory...
Banks are diverting dollar sales previously allocated to licensed Bureaux De Change (BDC) operators to unlicensed BDCs or currency hawkers, investigation by Ripples Nigeria has revealed....
Diamond Bank Plc and Standard Chartered Bank Limited topped forex utilisation list for last week with combined $38.34 million disbursement to their customers. The two lenders, which respectively...
The Federal Government has ordered the Economic and Financial Crimes Commission, EFCC to go after banks and others alleged to have engaged in forex round tripping....
By Ali Smart The probe panel investigating alleged salary scam within the federal civil service has uncovered a total of 23, 306 civil servants and some...
In from Ahmed Boulor . . . Daredevil robbers on Thursday raided a number of commercial banks located in Agbara, Ogun State leaving many dead after...
