Anguish Over POS Charges, Others As Banks Gain BillionsTheir unaudited financial statements indicated that the amount is 13.9 per cent or N7.3bn increase...There is a rise in complaints from users of Point of Sale (POS), the Automated Teller Machine (ATM) and other e-banking platforms over multiple charges. This is just as the banks are turning … Continue reading Anguish over exorbitant POS charges
Five highest paid Nigerian Bank CEO
Five Highest Paid Nigerian Bank CEOs in 2020, One Drops Nigerian bank Chief Executive Officers earned big during COVID-19 pandemic period despite enforcing cost saving measures The earnings of four top executives increased last year during the pandemic, while one CEO's payment was reduced compared to previous year Segun Agbaje, Herbert Wigwe are among the … Continue reading Five highest paid Nigerian Bank CEO
CBN to prosecute bank customers who present fake travel documents.
The United Bank for Africa (UBA), in a statement, conveyed this to its customers, ask them to desist from such practice. The CBN had directed Deposit Money Banks (DMBs) to set up teller points to meet legitimate FX demands. This development came after the apex bank halted the sales of FX to Bureau De Change … Continue reading CBN to prosecute bank customers who present fake travel documents.
Investigate your costumer’s source of income, EFCC tells bank.
Abdulrasheed Bawa, EFCC chairman, said this on Tuesday, when members of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) paid him a courtesy visit in Abuja. Bawa said some customers will receive a huge sum of money within two months of opening an account. “I will like to urge you to know … Continue reading Investigate your costumer’s source of income, EFCC tells bank.