The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy, Mrs. Sarah Alade, has said that banks operating in Nigeria, are some of the most regulated  in the World and expressed optimism that the era of bank failure has gone.

Alade declared this at the 2nd Adegboyega Awomolo SAN and Associates Colloquium in Abuja where she  dismissed the insinuations that the action of J.B Morgan would lead to collapse of the Nigerian banks.

She said that the various economic policies already put in place by the apex bank to supervise and monitor banks in the country will prevent the financial institutions from avoidance collapse.

The CBN deputy governor who spoke through a director with CBN Mr Emmanuel Ukeje explained that the J.B Morgan was just an international bank whose action cannot in anyway spell doom for the country with its removal of Nigeria from the index.

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http://www.thisdaylive.com/articles/cbn-nigerian-banks-the-most-regulated-in-the-world/220492/ lalasticlala

The CBN deputy governor who spoke through a director with CBN Mr Emmanuel Ukeje explained that the J.B Morgan was just an international bank whose action cannot in anyway spell doom for the country with its removal of Nigeria from the index.

time will tell.....

Change is here

Yimu

Most regulated ko..most deregulated ni

I think buhari made it that way...

REGULATED BUT CHEATING CUSTOMERS THE MOST
.....YOU WILL BUY SOMETHING ONLINE AT THE RATE OF 225NAIRA/$, IF THE TRANSACTION IS CANCELLED, YOU WILL BE REFUNDED AROUND 190 NAIRA/$
..... THEY WILL SEND YOU SMS TO GREET YOU FOR XMAS OR BIRTHDAY, WHICH YOU NO SEND THEM, THEY WILL DEDUCT ALMOST 20 NAIRA PER SMS.... AND CBN, SIT BACK AND KEEP WATCHING THEM....

BUNCH OF THIEVES AND JOKERS, STEALING CUSTOMERS MONEY FROM THE DAY OF LORD LUGGARD

WHAT COUNTRY WILL EVEN TAKE THEM SERIOUS ANYWAY? IMAGINE SARAKI's SOCIETE GENERAL BANK, THAT PUT CRIES TO MANY FAMILIES FACE, CAME BACK UNDER NEW LEADERSHIP OF HERITAGE BANK, UNDER CBN'S WATCH AND YOU SAY WE WILL NOT TALK? REGULATION KO, DEREGULATED NI..

Staff redundancy is telling on the banks.....

Regulated with #65 per ATM transactions
You must be competing with Ay & Basket Mouthician

Now we know...

Check my signature for ur customised wristband

Avnt seen any changes tho...

There are many economic policies in the world today that can be adopted but its stupidity to think it would work in all type of economies.

Is maintaining TSA a good initiative - Yes.... just like many other good initiatives
What is the main aim of TSA - to ensure no leakages of govt revenue across various ministries and MDAs
Is it the only way to check and curb the leakages – NO
What is the economic impact of implementing TSA – It will significantly impact the middle class, bank workers and SMEs (Small and Medium term enterprises)

What could have been done? – FG could have first documented the unremitted FG funds with these banks (These funds were not missing… they are known and with the commercial banks). Then begin a GRADUAL withdrawal of the funds from these banks in the space of a year or two to allow them sufficient time to react and retain their staff.

This was exactly the reason why NOI under GEJ took a gradual implementation of the TSA policy in order not to collapse the middle class as is currently being witnessed.

Buhari needed a finance minister first before anything… the harm is done already. Nigerians will feel the pain.

thats why you allow them charge 10% more than the cbn rate when using their cards online abi?

When did banks become BDC?....

You all are criminals, and will pay one way or the other, especially CBN, or isn't it you guys that allowed payment of subsidy even for fraudulent activities you are fully aware of.

In my opinion, I will say, Nigerians are the most cheated people in the whole wide world. the CBN cheats us every damn second. Your Governor is one of them, so, I understand, but understand that, one day , we are coming for you.

Thank God it's Friday. God bless all of u..happy weekend 2 u all

Even with their 'sharp practices'?

Time will tell, keep blowing your trumpet.

Okay o. We shall see

That one na achievement?




I am back

Better oo because Naija get too many AKPOS. .
I no wan hear story. .

Being most regulated is not getting our banks anywhere.

regulated with poor customer service

Good

since say barber took over leadership, banks have been laying off workers like a woman lays off used sanit**y p*ds.dulllardinho baba

4bobo:
REGULATED BUT CHEATING CUSTOMERS THE MOST

THE MOST REGULATED, HMM WHAT A JOKE?

HE SHOULD HAVE SAID NIGERIAN BANKERS ARE THE LAZIEST AND GREEDIEST IN THE WORLD.

Regulated my ass

Ok

sure

.

Regulated my left testicule, that's why all those md's could steal all that money from banks with no consequences.
Nigerian banks are lazy and not customer centric, the banking industry should be promoting ways of making more money (which doesn't involve fleecing customers) with the population we have. If you are not paying millions into accounts banks don't even consider you a reasonable customer, the emphasis they put on marketing describes the way think about existing customers, basically get them in and don't worry about the idiots no more.
Customer retention is a phrase that is alien to them