Just another News Updates
Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000. In an emailed notice to customers yesterday, Zenith Bank said customers can now ‘perform cash withdrawals of up to N200,000 per day’ […]
Three Kano-based “fraudsters” have been arrested for defrauding a Zamfara State resident to the tune of one million naira. The suspects who hail from Kano, Kaduna and Zamfara States, were nabbed on Wednesday, according to Shehu Mohammed, spokesman for Zamfara Police Command. The trio were identified as Mohammed Ibrahim, Ibrahim Salisu, and Abdulazeez Mohammed. According […]
Commercial banks in Zamfara State have designed another method of dispensing cash to their customers, insisting that customers can now only withdraw their funds from their respective banks. Findings by The Spectacles showed that almost all the banks in the State dispense only N10,000 to their customer due to the scarcity of the new Naira […]
The United Kingdom has issued another travel advice to its citizens in Nigeria, the second in four months. In the information updated on Wednesday, the Foreign, Commonwealth & Development Office, FCDO, warned against areas where there are banks and ATMs. It noted that the Central Bank of Nigeria’s redesigning and issue of new N200, N500 […]
Borno State Governor, Professor Babagana Zulum, has directed banks to dispense new naira notes via Automated Teller Machines (ATMs) and banking halls or risk losing their lands to the state government. Zulum gave the warning after visiting branches of banks in Maiduguri, the state capital, to assess problems being faced by residents trying to access […]
Further to the launch of the redesigned Naira notes by the President of the Federal Republic of Nigeria, on Wednesday, November 23, 2022 and in line with the Cash-less policy of the CBN, all deposit money banks (DMBs) and other financial institutions (0F1s) are hereby directed to note and comply with the following: Withdrawals above […]