Federal Capital Territory High Court has ordered Stanbic IBTC Bank Limited to pay N15 million in damages to two former customers after finding that the bank...
The number of Bank Verification Numbers (BVNs) on the Nigerian banking industry’s fraud watchlist reached 13,117, according to the Central Bank of Nigeria (CBN). This is coming...
Central Bank of Nigeria (CBN), has ordered banks to refund a total N19.12 billion to customers for illegal deductions and poor complaint handling. This is coming...
Access Bank Plc has dismissed rumours circulating on social media that it is shutting down, describing the reports as false and malicious. The bank, in a statement...
By Blaise Udunze No doubt, it was a welcome announcement that Nigeria’s net foreign exchange (FX) reserves have surged by an astonishing 1,233 percent from about...
Securities and Exchange Commission (SEC) has commenced the implementation of a fully electronic registration system for capital market operators, marking a major milestone in its digital...
Elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another. The service,...
