Banks to implement IFRS 9 from January next year
Commercial banks in the country are to implement provisions of IFRS 9 from January 1st next year. This was disclosed ...
Tag: commercial banks
ATM Pin codes could be a thing of the past soon
Customers that find it difficult to operate ATM machines, may have easier options on the way, as the Central Bank ...
Relief as court modifies order forfeiting funds in accounts with no BVN to FG
Justice Nnamdi Dimgba who issued a court order authorizing the interim forfeiture of funds in accounts with no BVN, has ...
Q&A: Number of banks currently in Nigeria
Question: How many banks do we have currently in Nigeria? Answer: There are 22 commercial banks in Nigeria. Below is ...
FG obtains court order seizing funds in accounts with no BVN/Incomplete KYC.
In what seems to be yet another ingenious way of generating money, the Federal Government this week approached a federal ...
Why banks and FinTechs will not enter a 2-horse race
The Director, Banking and Payments System Department of the Central Bank of Nigeria believes that commercial banks and financial technology ...
