From August 1, 2020, a loan defaulter who has funds in other bank will have those funds withdrawn to offset his debts owed to any financial institution, the Central Bank of Nigeria has declared. However, this declaration has caused a stir in the nation’s banking sector. This declaration
Some customers in Benue state have lamented the closure of internal banking services including cash withdrawal, deposits and customer care services within Makurdi metropolises. The Daily Times investigation revealed that closure of the banks was a directive from the Central Bank of Nigeria for commercial banks to offer only skeletal services such as ATM or […]
. Records 16.79% growth in gross earnings Q3’2017 As part of effort in achieving its targeted clean clear balance sheet, Wema Bank Plc, has received the approval of its shareholders towards the attainment of its Scheme of Capital Reorganisation exercise. This is just as the lender continued to show signs of resilience, despite the economic […]