Tag:Deposit Money Banks

Business

Banking Blunder: CBN Cracks Down on Zenith, Fidelity, UBA, 6 others for hoarding cash

Nine Deposit Money Banks (DMBs) have been fined a total of N1.35 billion for failing to adequately load their Automated Teller Machines (ATMs) during...
Seyi Babalola -
Business

CBN Settles Additional FX Forwards with Banks

In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria...
Dorcas Tyena -
Business

CBN lifts restriction on Domiciliary Accounts, allows $10k withdrawals daily

The Central Bank of Nigeria, CBN, has said cash deposits into domiciliary accounts will no longer be restricted. The bank said this in guidance to...
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News

Nigeria Can End Terrorism, Kidnapping If… — US Lawmaker

The safe rescue of 100 schoolchildren from St Mary’s Private Catholic Primary and Secondary School in Papiri, Agwara LGA,...
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For the record

Inside the C 130 Diversion: What Really Happened Between Nigeria and Burkina Faso

On the morning of 8 December 2025, a Nigerian Air Force C 130 Hercules lifted off from Lagos on...
Education

Inside the Long Walk to Safety: The Story of the 100 Rescued Niger Schoolchildren

When the first group of exhausted pupils from St Mary Catholic School in Papiri stepped into the warm light...

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News

Nigeria Can End Terrorism, Kidnapping If… — US Lawmaker

The safe rescue of 100 schoolchildren from St Mary’s...
For the record

Inside the C 130 Diversion: What Really Happened Between Nigeria and Burkina Faso

On the morning of 8 December 2025, a Nigerian...
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