Thursday, February 27, 2020

CBN Limits Banks To Sack Not More Than 5 Staff Without Approval

Central Bank of Nigeria (CBN) has given a stern warning to all banks that they must seek its approval if they must sack more than five staff. This was stated in the communique released by the Bankers Committee after its meeting on...

Over N60bn ‘Illegal’ Bank Charges Returned To Customers – CBN

The Central Bank of Nigeria has claimed that it had refunded over N60 billion to customers who were wrongly charged by banks. The apex bank also said erring banks have been duly sanctioned after the funds were recovered. The Bank also...

CBN Injects $210m Into Forex Market

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the sector. The bank’s Director, Corporate Communications Department, Mr. Isaac Okorafor made this known in a...

CBN Slams N2M Fine On Banks For Over-Charging Customers

The Central Bank of Nigeria says any bank that charges customers above approved thresholds will pay a N2 million fine per infraction. This is meant to guard against excess, unapproved or arbitrary charges by banks and other financial institutions In clarification...

BREAKING: CBN Slashes ATM Withdrawal Charges From N65 To N35

The Central Bank of Nigeria on Sunday, December 22, 2019, has issued a directive that the withdrawal fee charged for the use of other banks’ Automated Teller Machines is reduced from N65 to N35. OduNews.com understands that users are...
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Hong Kong To Give 7 Million Residents N438,000 Each As Relief

is handing most of its residents a pile of cash to spend as it tries to save...
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‘Black Panther’ Actress To Headline Thriller ‘The Silent Twins’

has secured a starring role in the forthcoming thriller The Silent Twins. Wright achieved global recognition with the release of the ’s superhero...

I Made An Expensive Joke – Etinosa Apologizes To Apostle Suleman

Nollywood actress Etinosa Idemudia who slammed over bleaching comment has apologized for her action. She took to her page where she reacted to a video...

Soldier Commits Suicide After Killing 4 Colleagues In Borno

An officer of the Nigerian Army opened fire on his colleagues killing four and leaving two others injured before taking his own life. The Soldier...

Marry My Daughter & Get Ten Million Dollars – Mike Tyson

  has an important message in favor of any man who will marry his eldest daughter. The American former professional boxer is on a...