Zenith Bank
ATM, PoS, and mobile channel fraud increase to N3.6 billion in 2022
ATM, PoS, mobile bank channels accounted for about N3.6 billion in fraud in the third quarter of 2022 as insider and outsider collusion in banks increased.
Stanbic IBTC appoints new female director, Ndidi Nwuneli as CBN new rule continues to bring changes
Stanbic IBTC, in a corporate release has announced the appointment of a new female director and the retirement of another female director as CBN brings changes.
CBN stops bank agents from using PoS terminals for transactions, along with 16 other activities
The Central bank of Nigeria has released sixteen(16) rules for banks agents one of which is that they must not use Point of Sales terminal for transactions.
Nigerians Lament Increase in Failed Money Transfers on Bank Apps, USSD, ATMs Amid Naira Scarcity
Nigerian Bank customers are currently lamenting the difficulty they encounter with money transfers using Automated Teller Machines, bank apps and USSD codes.
Banks begin payment of old naira notes to customers, set withdrawal limits as they await CBN supply
Commercial banks have started paying the old naira notes to customers as directed by the CBN in obedience to a court order, but there is a withdrawal limit.
Zenith Bank
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