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CBN Issues New Directive To Banks

The Central Bank of Nigeria (CBN) has directed banks to raise the quality of their products and services to attract more people into the financial system. CBN Governor, Olayemi Cardoso, disclosed this at the release of the 2023 EFInA Access to Finance (A2F) Survey results in Lagos. He said: “As …

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How To Identify A Fake Bank Call From Scammers

1. Caller ID Verification. Legitimate banks often use specific phone numbers for customer communication. Verify the caller’s identity by cross-referencing the number with the official bank contact information. Scammers may use technology to manipulate caller IDs, so don’t solely rely on this, but inconsistencies can be a red flag. Downloads …

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World Bank President Laud Tinubu Over Fuel Subsidy Removal

President Bola Tinubu has received praise from World Bank President Ajay Banga for his audacious decision to end fuel subsidies in order to prevent an unmanageable fiscal deficit. The head of the World Financial Organization praised Tinubu’s resolve to tackle Nigeria’s problems and dedication to stability and economic growth. He …

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First Bank Of Nigeria Introduces Robot Representatives At Branches, Interacts With Customers (VIDEO)

In a groundbreaking move, First Bank of Nigeria has unveiled robot representatives at select branches, signaling a shift towards automated customer service. A recently released viral video, capturing a customer’s engagement with a robot assistant, has sparked significant attention and discussion on social media platforms. Downloads btlsblog mobile app on …

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CBN Orders Banks To Obtain Customers’ Twitter, Facebook Username

The Central Bank of Nigeria (CBN) has mandated commercial banks to obtain the social media handle(s), e-mail addresses, telephone numbers, residential addresses, and other personal details of their customers. This was contained in its newly published ‘Central Bank of Nigeria (Customer Due Diligence) Regulations, 2023’ document, which aims to further …

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Nigerian Banks Can Now Trade Forex At Any Rate ― CBN

The Central Bank of Nigeria, CBN has given Nigerian commercial banks the go-ahead to freely trade foreign exchange at any rate. The announcement comes after Godwin Emefiele’s suspension as CBN’s governor. It is believed that banks can now sell forex at market-determined rates, suggesting Nigeria is now operating a freely floating exchange rate. This …

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CBN Devalues Naira, Bank Rate Now 630/$1

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day, Daily Trust gathered. The devaluation came 48 hours after President Bola Ahmed Tinubu announced the plans of the federal government to unify the …

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I Took Bank Loan To Finance My Song – Spyro

Sensational singer, Oludipe Oluwasanmi David, popularly known as Spyro, has revealed that he took a bank loan to finance his collaboration with Davido and Mayorkun. Recall that the rising singer employed the services of the DMW boss and his signee, Mayorkun on his song ‘Funke’ which was not much of …

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Three Men Sentenced To Death For Stealing Powerbank, Laptop

An Ekiti High Court sitting in Ado Ekiti, has sentenced three men to death by hanging for conspiracy and armed robbery. Downloads btlsblog mobile app on playstore The defendants, Omotayo Deji (23), Chidiebere Ifeanyin (25) and Bolaji Usman (28), were arraigned before Justice Bamidele Omotoso on January 21, 2020, on …

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Woman Sells Off Her Baby For N600k To Pay Bank Loan

A 33-year-old woman identified as Olaide Adekunle has been arrested for selling her baby for N600,000 to pay off a bank loan. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 According to reports, the young woman was arrested by the Ogun State police command for allegedly selling off her 18-month-old baby to a yet-to-be-identified …

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Lady Shares Shocking Chat From Scammer Pretending To Be Bank Staff

Young lady shares a chat with a scammer pretending to be a staff from the bank who tried to rob her of her hard-earned money. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 A Twitter user identified as @BaybeeMaris took to the platform to pen a complaint to a bank over her pending cash reversal. A scammer, …

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“I no come here come play; gimme my money” – Native Doctor Blows Hot As He Storms Bank (VIDEO)

A viral video captures the moment an irate native doctor visited a popular bank to demand for his money. Amidst the scarcity of the new currency, the traditionalist wore his full regalia to the establishment to get some cash from his bank. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 The man was seen raging at …

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Banky W Loses House Of Representatives Election To Labour Party Candidate

Candidate of Labour Party, Thaddeus Attah, has defeated music star and candidate of the Peoples Democratic Party, Banky W, to clinch Eti-Osa Federal Constituency seat in the House of Representatives. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 Labour Party’s Attah polled 24,075 votes, beating his counterparts, Olubankole Wellington (Banky W) of the Peoples …

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Pastor Prays For Miracle Money To Enter Member’s Bank Accounts During Crusade (VIDEO)

A Nigerian pastor stirs mixed reactions as he prays for miracle money to hit the account of his church members during a crusade. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 A video making the rounds on social media captured the moment church members raised their phones in the air to receive miracle money. During the crusade, …

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Bank Accosted For Hoarding N6M New Notes In Ado Ekiti (VIDEO)

The Central Bank of Nigeria, CBN enforcement team accosts a bank branch in Ado Ekiti hoarding the new naira notes to the tune of N6M. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 A video shared by a media strategist, Deji Adesogan, on Twitter captured the enforcement agency of CBN questioning a bank on why …

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Angry Youths Vandalise Bank In Ibadan Over Inability To Get Cash (VIDEO)

Protesting youths on Friday vandalised a Wema Bank in Ibadan, Oyo State, over the shortage of naira being experienced across the country. An irate mob barricaded major areas like Iwo road, Gate and other routes in Ibadan North East local government area. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 A …

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Man Slumps And D!es Inside Banking Hall In Delta State

The tragic incident happened inside the banking hall on Thursday, February 2, 2023. A yet-to-be identified bank customer has reportedly slumped and died after standing in a queue for long hours at a bank in Agbor, Delta State. The tragic incident happened inside the banking hall on Thursday, February 2, …

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“I was worried about my husband, Banky W’s decision to join politics” – Actress Adesua Reveals

She, however, noted that her worries left when she realised he was pursuing a higher purpose. Adesua Etomi-Wellington, actress and wife of Nigerian singer turned politician, Banky W, has shared how she reacted when her husband told her about his decision to join politics. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 …

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Two Men Allegedly Fight Dirty In Bank Over New Naira Notes (VIDEO)

A fight broke out between two grown Nigerian men at a popular bank in Nigeria over the collection of the new naira notes. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 A video making the rounds on social media captured the moment two hefty men wielded metals and aimed at one another over a …

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JUST IN: CBN Directs Banks To Start Paying New Naira Notes Over The Counter

The CBN governor said the new directive was to alleviate the challenges that Nigerians are experiencing with getting access to the new notes. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 The Central Bank of Nigeria (CBN) has issued a new directive to commercial banks. The CBN directed the commercial banks to …

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CBN, EFCC Raid Banks, Arrest Three Naira Sellers

Central Bank of Nigeria (CBN) and Economic and Financial Crimes Commission (EFCC) joint task force yesterday raided some banks and areas in Abuja in search of persons suspected to be hoarding and selling the new naira notes. The Abubakar Kure-led taskforce said it arrested three persons in Areas 3 and …

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Banks Are Hoarding New Naira Notes For Next Month’s Elections – Shehu Sani

There has been outrage across the country over the scarcity of new notes as banks continue to dispense the old notes despite the approaching deadline. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 Senator Shehu Sani, a former Nigerian lawmaker, has made some fresh claims against Nigerian commercial banks. He alleged that …

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Woman Makes Scene At Bank After N600K Disappeared From Her Account (VIDEO)

A woman goes hysterical in a bank after discovering that a substantial amount of money vanished mysteriously from her account. Downloads btlsblog mobile app on playstore https://play.google.com/store/apps/details?id=com.wBtlsblog_13609357 In a video making the rounds online, the distraught bank customer was seen in a frenzied state as she bewailed her plight. It was gathered that N600K …

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