Financial Stability Oversight Council (FSOC), United States regulators have identified the use of artificial intelligence as vulnerability in the financial system for the first time, according...
The Association of Chief Audit Executives of Banks in Nigeria has called for stricter regulations of the fintech space as well as the operations of the...
The International Monetary Fund (IMF) has warned that the widespread adoption of cryptocurrencies could undermine and pose serious consequences for the macro-financial stability of countries. The...
Fintech company, PalmPay has launched a new security in-app version that mandates all new users to input their BVN or NIN numbers before a wallet can...
Central Bank of Nigeria (CBN)has instructed all licensed financial institutions to display their corporate names conspicuously on all their websites, portals, and online applications. This directive...
Securities and Exchange Commission (SEC), have sealed the premises of Ready Finance Investors Limited for allegedly engaging in illegal investment and other capital market activities. SEC...
Prince Akamadu, chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has said that the recent directive by the Central Bank of Nigeria (CBN)...
TAJBank Limited, Nigeria’s leading non-interest banking services provider, has again set a record with Bbb+ rating by the foremost rating agency – Agusto & Co -,...
Wema Bank Plc has commenced its rights issue to raise about N39.95 billion from its existing shareholders. According to information released to the media, subscription for...
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with...