Haruna Magaji, Author at Financial Watch

Analyst’s projection of Zenith Bank’s loans deposit looks up

Zenith Bank Suspends International Transactions On Naira Debit Cards

June 14, 2016 Haruna Magaji

Zenith bank international have suspended use of naira debit card (ATM Card) for international transactions. A mail sent to the bank’s customers indicates that the […]

Orlando gunman likely ‘radicalized’ through internet, U.S. says

June 14, 2016 Haruna Magaji

U.S. authorities said on Monday they had found no direct links between Islamic State militants and the gunman who killed 49 people at a gay […]

Skye Bank Customers happy with ‘Select Account’

Skye Bank to Showcase e-Products at Card Expo

June 14, 2016 Haruna Magaji

Skye Bank Plc has said it will showcase to exhibitors and members of the public its array of retail and e-payment products at the ‘Card […]

Court of Appeal sits in Awka after 30 Years

Bank Cleaner docked over alleged possession of signed banks’ cheques

June 13, 2016 Haruna Magaji

A cleaner, Sodiq Oyetunde, who was found in possession of 15 leaves of signed banks’ cheques, was on Monday charged before a Tinubu Magistrates’ Court […]

First Bank’s ATMs Account For 45 of Bill Payments in Nigeria

Why We Should Reject The N10,000 Withdrawal Limit

June 13, 2016 Haruna Magaji

We reported earlier on “a proposal to limit the over the counter cash withdrawal by bank customers to N10,000 which has been tabled before the Central […]

Global standard in banking to release first worldwide ethics report

Banks Shut Doors On BDCs, Politically-Exposed Persons

June 13, 2016 Haruna Magaji

Amidst intensified anti-corruption siege on banks by the Economic and Financial Crimes Commission, EFCC, Bureaux de Change, BDCs, may have come under severe vetting by […]

CBN To Release Flexible Forex Guidelines This Week

June 13, 2016 Haruna Magaji

Any time this week, which analysts believe may be Friday, when the Central Bank of Nigeria usually takes bids from authorised dealers of foreign exchange, […]

Microfinance operator appeals for more investors to give more loans

Deposits in banks shrink by N1.03tn

June 13, 2016 Haruna Magaji

The harsh economic conditions facing the country have led to a drastic reduction in customers’ deposits in banks with the industry recording a decline of […]

How Regulatory Harmony Will Boost African Insurance Markets

Insurers Focus on Building Reserves

June 13, 2016 Haruna Magaji

The introduction of the Solvency 2 regime in the regulation of insurance industry is compelling insurers to concentrate more effort on building strong reserves than […]

Gunman kills 50 in US gay club

June 13, 2016 Haruna Magaji

No fewer than 50 persons, including a 29-year-old gunman, Omar Mateen, were killed on Sunday in an attack on a gay nightclub in Orlando, Florida […]