Tag: Bank

POS vs BANK : The Struggle for Cash Access in Nigeria

In Nigeria today, accessing cash has become a complicated task, with ATMs and POS systems making the situation more challenging rather than easier for the average Nigerian. ATMs (Automated Teller…

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New bill mandates tax ID for opening bank accounts or operating existing ones

A new bill has been proposed in Nigeria that will make it mandatory for individuals involved in banking, insurance, stock-broking, and other financial services to provide a Tax Identification Number…

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Amotekun foils robbery attempt on three banks, arrests suspect in Ondo

Attempts by a deadly seven-man gang from Delta State to rob three banks in Ondo State have been foiled by operatives of the Ondo State Security Network codenamed Amotekun Corps.…

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