Players in the Nigerian banking sector have been asked to make judicious use of the benefits of Information and Communications Technology (ICT) in their commitment to help the federal government fight the menace of money laundering in the country.
President Muhammadu Buhari made the statement yesterday at the 10th Banking and Finance Conference held at the Transcorp Hilton, Abuja with the theme: “Innovation in the Financial Services Industry: Driving Nigeria’s New Economy.”
Beyond compliance to the Central Bank of Nigeria (CBN’s) Anti-Money […]
It has become very evident that there appears to be a flagrant uneagerness by the banking industry to attempt redeeming itself from the grave and obvious danger of sinking very low in the esteem of decent people. Today, most people are wont to draw parallels between female bankers and the growing pack of unprincipled actresses, and between the banking industry and the fast becoming scummy pond we call our home video industry. This is most unfortunate, because, before now, the […]
Report gathered that the House of Representatives yesterday accused banks of encouraging prostitution by setting unrealistic targets for their female marketers. It also decried casualisation in the industry, describing it as slavery.
According to Hon. Segun Alexander Adekola, who sponsored the motion entitled, “Urgent Need to Curb Unwholesome Practices of Banks in Nigeria,” said staffers who don’t meet the largely unrealistic targets are summarily dismissed.
Contributing to the motion which led to a long debate, Hon. Rita Orji said in some cases, […]