Bank – Page 3

Bank Mistakenly Credits $1bn Into Customer’s Account

Jun 24, 2021. by Ekohot Editor

She has been unable to contact anyone in authority at the bank despite several attempts. Julia Yonkowski, an American woman who thought she only had $20 in her bank account, was shocked when she checked her balance at an ATM and discovered she had become a billionaire out of the blues. Yonkowski, who lives in … Read more

Emefiele Tasks Bank CEOs, Others To Reset Economy

Feb 26, 2021. by Ekohot Editor

The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has urged Bank CEOs and other stakeholders to work together to reset the Nigerian economy to achieve massive growth. Emefiele gave the advice at a one-day Special Summit on the Economy, organised by the Vanguard Newspaper in collaboration with CBN and Chief Executives … Read more

CBN Sets To Screen Bank Workers For Competence

Nov 29, 2020.Nov 29, 2020. by Ekohot Editor

CBN, to screen bank workers. Bank workers are about to have their capabilities to work in the industry reviewed. This means that only those with the competence to carry out banking activities will be allowed to work as bankers while promotion will also be based on the level of competence of individual bankers. The Central … Read more

Banks Offer Youths N2b Agric Loan At 5% Interest

Nov 18, 2020. by Ekohot Editor

Central Bank of Nigeria (CBN) has ordered commercial banks to give up to N2 billion maximum loan to youths interested in going into agriculture. The loan, which comes under the Accelerated Agriculture Development Scheme (AADS) at five per cent interest rate per annum was created by the apex bank in collaboration with state governments to … Read more

Despite BVN, FG Orders Bank Account Holders To Undergo ‘Self-Certification’

Sep 17, 2020. by Ekohot Editor

Children under five don’t have to wear masks – FG

The federal government on Thursday mandated every person that owns an account with financial institutions to undergo a self-certification process. The directive was announced on via the federal government’s Twitter handle. Account-holders are required to obtain, complete and submit the self-certification forms to their respective financial institutions. The federal government said individuals who hold accounts … Read more

Man Demands For All The Money In His Account From Bank Over Poor Services (Video)

Sep 5, 2020.Sep 5, 2020. by Otunba T.J Abass

Man Demands For All The Money In His Account From Bank Over Poor Services (Video) Ekohotblog, September 5, 2020. Shocking display at an FCMB bank branch in Owerri, Imo State after an unsatisfied customer demanded to be given all the money in his account over poor service. The incident making rounds on the internet captured when the customer and the … Read more

Lagos Bank Shuts Down As Staff Tests Positive For Coronavirus

Jun 23, 2020. by Otunba T.J Abass

Jaiz Bank Plc says it has closed down its branch in Ikeja, Lagos, following the confirmation that one of its staff in the branch has tested positive to the dreaded COVID-19 virus In an email that was sent out to customers, the non-interest explained that it does not want any more of its staff or … Read more

Polaris Bank Leverages Technology To Tackle Effect Of Coronavirus In Nigeria

May 20, 2020. by Ekohot Editor

Polaris Bank is set to leverage technology to tackle the effect of ongoing coronavirus in Nigeria. The Managing Director/CEO, Polaris Bank, Tokunbo Abiru disclosed this in an interview with ThisDay. Tokunbo Abiru said the bank will leverage its investment in cutting-edge information technology to harness emerging opportunities and mitigate the disruptive effect of the COVID-19 … Read more

OPINION: COVID-19 And Nigerian Banks By Reuben Abati

May 20, 2020. by Ekohot Editor

The COVID-19 pandemic has reshaped the entire world – the future of everything and the world of work, but perhaps the most visible effect of this disruption is most felt in the financial services sector, the markets and the global economy. In this regard, the banking sector is one of the most gravely impacted. It … Read more

Polaris Bank Limited: Customer Petitions Polaris Bank Over Misappropriation Of Funds

May 14, 2020. by Ekohot Editor

Madif Engineering Services Limited has petitioned Nigeria’s commercial bank Polaris Bank Limited for Misappropriation Of Funds Polaris Bank Limited is currently alleged to be involved in a reported financial mess bordering on reputational issues. This follows the decision of one of the bank’s customers , Madif Engineering Services Limited to petition the Federal Competition and … Read more

Mass Sack: Reps Seek ‘Bailout Out’ For Top Organisations To Prevent Mass Sacking

May 13, 2020. by Ekohot Editor

The House of Representatives is considering ways the federal government can support big organisations in the country to pay their workers in order to prevent a mass sacking, Business Post reports Recall the Group Managing Director of Access Bank Plc, Mr Herbert Wigwe, said that the bank will possibly cut down its contract staff by … Read more

Fani Kayode Shames Access Bank For Betraying Workers To Please Buhari

May 3, 2020. by Ekohot Editor

Access Bank Completes N15bn Green Bond Cross-listing

A former Aviation Minister, Femi Fani-Kayode, has condemned the Group Managing Director of Access Bank, Herbert Wigwe, for sacking some his workers. Recall Access Bank had announced plans to sack its workers and shutdown over 300 branches as a result of the Coronavirus outbreak and lockdown. Herbert Wigwe had said that apart from the mass … Read more

CBN Resumes Dollar Sales For SMEs, School Fees

Apr 29, 2020. by Ekohot Editor

The Central Bank of Nigeria (CBN) has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay school fees and SMEs wishing to make essential imports needed to revamp economic activities across the country. This comes following President Muhammadu Buhari’s announcement easing restriction lockdown from May 4th. In … Read more

First Bank Donates N1b To COVID-19 Fund

Apr 6, 2020. by Ekohot Editor

Buhari Congratulates First Bank CEO On Prestigious Award

First Bank has announced its donation of N1 billion towards the joint effort by the Nigerian Private Sector Coalition Against COVID-19 (CACOVID) to tackle the COVID-19 pandemic. The fund will be used to expand the health facilities; especially testing, isolation, treatment and the provision of Intensive Care Unit (ICU) facilities pivotal to controlling the spread … Read more

Fidelity Bank, Gazelle Academy Train Youths On Vocational Skills

Feb 14, 2020. by Ekohot Editor

Fidelity Bank Plc has expanded the scope of the Fidelity Youth Empowerment Academy (YEA) to accommodate new areas of vocational training. The bank in strategic partnership with Gazelle Academy started the seventh edition of the YEA at the Sokoto State University (SSU), Sokoto. Apart from the training on tailoring and make-up, participants will also be … Read more

CBN Okays Six Companies For Milk, Dairy Products Importation

Feb 11, 2020. by Ekohot Editor

Insecurity: Nigeria Expecting 12 Fighter Jets – Emefiele

The Central Bank of Nigeria (CBN), has given its approval to six milk business running in the country for the importation of milk products and its by-products. Ekohotblog understands that the peak financial institution provided its approval in a round provided by the Director, Profession as well as Exchange Division, Dr. Ozoemena Nnaji in Abuja … Read more

Kenya In Talks With World Bank For $1 Billion Loan

Jan 18, 2020. by Ekohot Editor

World Bank Grants $750m Loan For Nigeria’s Power Sector

Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to 100 billion shillings ($991.57 million), nearly half of its required external funding this fiscal year, a senior Treasury official said on Friday. The East African nation wants to cut debt from overseas capital markets, after a borrowing binge … Read more

Lady Slaps Man In Bank, Man Retaliates With An Ear Deafening Slap

Jan 2, 2020. by Ekohot Editor

A lady was left bewildered after she lost her temper and slapped a man who returned it with an ear deafening slap. The video of the lady and the man exchanging slaps was captured in a place that appears like a bank counter. In the video, the lady and the man had a misunderstanding that … Read more

Money Heist: Armed Robbers Trapped Inside Bank, Surrender (VIDEO)

Dec 29, 2019. by Ekohot Editor

Suspected robbers who took siege of a First Bank of Nigeria branch in the Mpape area of Abuja have been stuck inside the bank building after they were unable to carryout their operation.

Reports say that they broke into the bank in the morning on Saturday guns blazing but got stuck in the bank after learnung that the bank had been surrounded by the police.

Policemen and soldiers ringed the premises after they were deployed to the scene.

Journalists tried to reach the spokesman of the Federal Capital Territory (FCT) police command, Anjuri Manzah, but were unable to

It was later disclosed by the police that four of the alleged robbers were in their custody while one other got the end of the gun as he tried to escape arrest.

The Federal Capital Territory’s police comissionner, Bala Ciroma, disclosed that one of the arrested men was a staff of the bank.

In a phone interview with TheCable, the commissioner said, “We have concluded the operation. Four suspects arrested and one dead. One of them is an insider but we are still investigating.”

UPDATE ON MPAPE, ABUJA ROBBERY SIEGE

Wild Jubillation broke out as personnel of @PoliceNG & @HQNigerianArmy captured some of the armed robbers that invaded @FirstBankngr branch at Mpape, Abuja.

Let me see one reason to say well done #SARS pic.twitter.com/oFWv6O7vbI

— Dot In A Circle – Onye Spare Parts (@The_Jonathanian) December 28, 2019

EFCC Storms Fake Bank In Kano, Recovers Firearms As Operators Flee

Sep 7, 2019. by Otunba T.J Abass

– Two suspected Ponzi scheme operators in Kano have been arrested by the EFCC – Reports claimed that they were operating it under the name, MGB Global Market – Laptops, desktops, POS machines, tokens and other documents were recovered during the commission operation The Economic and Financial Crimes Commission, EFCC, has arrested the duo of … Read more