Banks, Telcos May Adopt Unified Error-handling Protocols
Nigerian banks and telecom operators are considering adopting a unified error-handling protocol to curb persistent failures in USSD transactions, findings ...
Friday, July 11, 2025
Tag: BANKS
Recapitalisation: 10 Banks Report N1.83trn Pre-tax Profits Ahead Of Deadline
As the April 2026 banking recapitalisation deadline draws near, no fewer than 10 listed banks have declared an impressive total ...
Banks Scramble To Settle USSD Debt As Deadline Nears
Nine commercial banks in Nigeria are taking urgent steps to settle their outstanding debts to telecommunications operators ahead of the ...
FG To Sanction 18 Banks Over N200bn USSD Debt
The federal government is set to take decisive action against 18 banks that owe Nigerian telecom operators nearly N200 billion ...
Systems Upgrade: Customers’ N59bn Loss To E-Fraud Puts Banks Under Pressure
Nigeria’s banking sector is under intense pressure after suffering an alarming loss of N59.33 billion to electronic fraud over the ...
‘Large Banks Suffer Regulatory Constraints Most’
With 50 per cent of deposits sterilised with the Central Bank of Nigeria (CBN) and the obligation to the Assets ...
Nigerian Banks And Challenge Of Seamless Systems Upgrade
In recent months, Nigerian customers have voiced growing frustration with their deposit money banks, also known as commercial banks. The ...
‘Banks Need To Focus On Standardising Products To Increase Efficiency’
IROM Emmanuel James is a professional in banking with experience cutting across all facets of the management, banking, and financial ...
Nigeria Returns To Banks Closing Shops
On Monday, June 3, 2024, Nigerians were reminded that banks can collapse and close shop, after the Central Bank of ...
Banks Raise ATM Cash Withdrawal Limit to N200,000
Months after banks restricted withdrawals on automated teller machines(ATMs), commercial banks in the country are beginning to increase the ...
