Tag Banks

NBS: Banks sacked 1,936 workers in 2021

Deposit money banks sacked 1,936 workers last year, according to the National Bureau of Statistics. The affected workers included executives, senior, junior and contract staff, the ‘Selected Banking Sector Data’ of the NBS stated. The workers were drawn from commercial,…

N1.2trn MDAs unremitted revenue in banks — Reps

…Uncovers 45.85m bank accounts without BVN Abimbola Abatta Commercial banks in the country have refused to remit N1.2trillion collected on behalf of some key Ministries, Departments and Agencies (MDAs) of the Federal Government. The House of Representatives disclosed this on Wednesday,…

Economist tasks banks on sale of forex

By Aanu Olaleye with News Agency An economist, Prof. Sheriffdeen Tella, on Tuesday urged commercial banks to legitimately sell Foreign Exchange (Forex) to customers to enable the exchange rate of the naira to the dollar appreciate. Tella, a Professor of…