Zenith Bank
NDIC has announced a new minimum bank balance for customer refunds in case of bank failure, or bankruptcy and has provided explanation for the changes.
Zenith Bank is set to change its name and has secured necessary approval from its shareholders to go ahead with the restructuring plan for the future.
New data from financial statements obtained from the Nigeria Exchange Limited after Q1 2024 revealed six banks increased their customers deposit.
The Central Bank of Nigeria (CBN) has released the name of deposit money banks in Nigeria with valid licenses as of April 2024, which are authorised to take charges
The newly introduced cybersecurity levy by the Central Bank of Nigeria has added to the list of charges and levies Nigerians pay on electronic transfers.
The Central Bank of Nigeria has mandated financial institutions to begin 0.5% deductions on electronic bank transfers after the resumption of charges on deposits
The Nigerian government has directed commercial banks to begin charging stamp duty on mortgage-backed loans on all accounts effective January 2024.
Commercial banks and other financial institutions have reintroduced charges on cash deposits for individuals and corporate accounts nationwide after deadline ended,
Nigerian banks have begun implementing the Central Bank of Nigeria (CBN) order to close customers' bank accounts if they lack the necessary identification.
Zenith Bank
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