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According to data from the Nigeria Inter-Bank Settlement sector, there were 311.65 million active accounts in the Nigerian banking industry as of December 2024.

Nine banks are scrambling to repay debts owed to Telcos from the use of USSD codes and avoid being disconnected from the service by the January 27 deadline.

The Nigerian Communications Commission (NCC) has announced that the USSD codes of various Nigerian banks will stop working unless a five-year debt is paid.

The Nigerian Communications Commission have finally unveiled the names and USSD codes of prominent banks to be disconnected due to their debts to telcos.

The Central Bank of Nigeria has sanctioned nine banks N150 million each for failing to load cash in their Automated Teller Machines ATM at Christmas.

The Nigerian Communications Commission (NCC) has directed telecommunication companies to disconnect 18 banks due to their inability to pay N250 billion in debt.

Investing is one of the surest ways to escape poverty, and 2024 once again showed how making the right decision with as little as N100,000 can yield rewards.

A Nigerian lady who works at the United Bank for Africa (UBA) has shown people what her Monday morning looks like. She showed when she arrives at the office.

In this year-end review article, Legit.ng highlights the top trends, innovations and changes in Nigeria's banking sector that shaped it in 2024...
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