Tag: Banks
Browse our exclusive articles!
Customers rush as banks buy dollars online at rates better than black market
Bank customers went into a frenzy on Tuesday after learning some banks had set up platforms to allow depositors electronically convert their dollars to...
Fraud soars in Nigerian banks to highest level in five years
The number of fraud cases in Nigerian commercial banks rose in 2021 by nearly half to the highest level in five years.
By December that...
Banks BTA cut reveals Nigeria’s forex trouble as reserves hit 17-month low
Major Nigerian banks have announced cuts in personal travel allowance and business travel allowance payments to people travelling outside the country.
First Bank, Access Bank...
Nigerian banks cut forex payments to foreign travellers
Major Nigerian banks announced new amounts they will be paying as personal travel allowance and business travel allowance to people travelling outside the country,...