A central bank can also be called a reserve bank or a monetary authority and they are recognized around the world as an institution which manages monetary and currency policy of a formal monetary union.This bank also overseas the commercial banking system in a country.The difference between a central bank and other commercial banks is that the central bank from the name central, possesses the Monopoly on increasing monetary base.
Anambra state was on fire yesterday.The incident happened yesterday in Ogidi Anambra state.There is a bank in that area, first bank plc and they were attacked by some suspected gunmen.They shot sporadically into the air, customers of the bank and passersby had to run for their lives.
Online fraud, otherwise known as "Yahoo" is fast spreading in Nigeria. At least, five in ten individuals have been affected by online fraud, either directly or indirectly. How these scammers or fraudsters carry out these illegal acts is simply shocking. Walking on the streets of Twitter, I came across a tweet by a user with the handle @Damiar0s, who narrated his experience at a Zenith Bank branch earlier today. According to the tweet, he was at the bank and found an elderly man in tears. It was however learnt
Photo: Ecobank PLC.The banking sector in Nigeria has grown in more than two decades gaining trust assuring that the money of individuals are safe and unharmed.
The rivers state governor who is popularly known as, yesom wike has finally broken silence on the N60 Billion That Was Printed By the CBN.What the rivers state governor, yesom wike said about the N60 Billion That Was Printed By the central bank of Nigeria CBN, has been generating different reactions online since today.
At least two students have been reportedly shot dead by unknown gunmen in Anambra State following a recent bank robbery.According to the report, the unidentified gunmen attacked a first-generation bank on Thursday, April 15, 2021.The sad incident happened in the Ogbunike branch of the bank in Oyi local government area of Anambra State.
A guy has allegedly been scammed of his 100 thousand naira after he was played by an unidentified scammer who claimed he will multiply his money to about 1 million naira.
Is no doubt that this day we have lots of online scammers, people who act to be who they are not just to get vital information and also extort money from people, that's why different awareness have been made regarding sending vital information to imposters.
BVN means Bank Verification Number, all bank users in Nigeria are expected to have this very essential and financial security number.This BVN is a ten digit number.
Bank customers and Point of Sale (POS) operators in Ondo state are now groaning over incessant breakdown and poor internet services in the recent times, causing loss of millions of naira.The business owners lamented that the epileptic electronic bills payment platforms have been a huge disappointment thereby paralysing online business transactions in the country.
Majority of the Mobile Telecommunications Network (MTN) users in Nigeria are aware of the recent challenge they were facing in the last couple of days.
The rates with which robbery and armed robbery rises these days is quite alarming and something needs to be done about it, this issue of robbery is not only in Nigeria, it is a global problem but seen more in African countries.
Most of us are used to ‘Googling’ answers of things we don’t know.From food recipes to online banking or even buying medicines, we tend to ‘Google’ everything.
The News currently making the rounds on different media platforms is the new plan by Twitter to set up a head office in Ghana, as their first headquarters in Africa.This information was disclosed by the management of the microblogging platform on Twitter, and in the same tweet, they thanked the government of Ghana for their full support.
According to Reports online, Commercial banks in Nigeria have disconnected MTN network from banking channels in Nigeria which means all MTN lines can not recharge airtime or buy data directly using USSD and other banking channels including the bank apps.
A Nigerian man has sparked mixed reactions on social media, following what he displayed inside a bank in Lagos State.
Banks removes MTN services from their banking channels, subscribers unable to recharge their phones.
There is tussle going on between Nigerian banks and MTN Nigeria, which numerous number of subscribers unable recharge their phones using the USSD services on Friday.
A young Nigerian man has been in agony after he was scammed of his money by fake bank representatives.
Dispute over earnings has caused Nigerian banks to disconnected MTN from banking networks such as Unstructured Supplementary Service Data and banking apps.
In this article we share with you the step by step guide on how to start a Bitcoin business in Nigeria. See the terminology, how to get a bitcoin wallet and how to invest to make money from it. The Bitcoin business is among the business you can do online in Nigeria and it includes trading in digital currencies. Bitcoin is now among the most popular currencies in the digital currency market and this article tells you how to start your bitcoin business. Many opportunities exist for online Nigerians and the