Central Bank of Nigeria (CBN) has unveiled plans to deploy Artificial Intelligence (AI) to strengthen fraud prevention and enhance the efficiency of the country’s digital payments...
A report by the Alliance for Economic Research and Ethics (AERE), has criticised commercial banks for abandoning their core intermediation role to support economic growth as N91.1...
Ahead of the July deadline, the Nigeria Revenue Service (NRS) has accredited Afri Invoice as an official Access Point Provider (APP) in a major move for...
House of Representatives Public Accounts Committee (PAC) says it has recovered over ₦521 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria...
Central Bank of Nigeria (CBN) has said that any authorised dealer bank the processes foreign exchange (forex) transactions without proper documentation will be fined N100 million. In addition,...
The Bank of Industry (BOI) has been recognised with two prestigious awards at the recently concluded EMEA Finance Achievement Awards, reinforcing its position as a leading...
Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks and other authorised dealers that process foreign exchange transactions without adequate supporting documentation,...
