Queen Doosh

Federal government may soon outlaw sending of vital bank details via short message services (SMS) in Nigeria because of its associated risks. The Nigerian Communications Commission (NCC) has said it was already engaging with the Central Bank of Nigeria (CBN) to find better ways of doing it. Executive Vice Chairman, NCC, Prof. Umar Garba Danbatta, made this known at the consumer conversation held in Minna, Niger State capital, adding that the commission was already engaging with the CBN to find ways to ensure that mobile phone users’ vital information relating to their bank accounts and financial transactions were not jeopardised should their phones get lost or stolen. Director and the Head of Zonal Operations Department, Helen Obi, who represented Danbatta at the event, said NCC would shield phone users in the country against any harm that could get to them or to their property through the use of telecom services. nccc.jpeg Obi advised phone users to adequately protect ...

Some staff at First Bank of Nigeria, FBN have allegedly been sacked.

Ghana’s Central Bank today revoked the licenses of two banks, UT Bank and Capital Bank, which have collapsed due to shortage of funds.

At least, seven banks have been fingered in aiding some government officials to fraudulently hide a huge sum of monies supposed to have been remitted to the newly introduced Treasury Single Account.

A CCTV footage of a robbery attack at a Zenith bank branch in Owerri, Imo state sometime in February this year, surfaced online earlier this week.

By Terna Francis It was half day at work today, 25th May, 2017 for staff of Zenith, Fidelity, Skye and Unity Banks in all the branches within Makurdi metropolis, Benue State as the Executive Chairman of the State Internal Revenue Service Mrs. Mimi Adzape-Orubibi led an Enforcement team to distrain by sealing the premises of the aforementioned banks for neglect, failure or refusal to pay their assessed PAYE Taxes/Liabilities. 

Guaranty Trust Bank plc has been named the African Bank of the Year at this year’s African Banker Awards.