Central Bank of Nigeria (CBN) has threatened that borrowers who divert the funds provided under the Agricultural Credit Guarantee Scheme may earn a five-year jail term....
Bank customers lost a whopping N42.755 billion to fraudulent activities perpetrated through social engineering in just three months. Social engineering is when fraudsters trick individuals to...
Stakeholders in the business and justice sector have advocated for a strong law to regulate new innovations in Fintech to safeguard citizens and growing investments in...
Risk Management Association of Nigeria (RIMAN) has charged financial services providers, especially banks, to embrace best risk management practices in their operations as new technologies and...
Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to infrastructure development and growth of...
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has underscored its desire to help build robust education and health care systems in the...
Nigerian insurance companies earned a total gross premium of N2.1tn between 2016 and 2020, according to figures from the Nigerian Insurers Association. The data showed that...
The International Monetary Fund (IMF) has said that the recently launched e-Naira has the potentials for Financial Inclusion and boost Diaspora remittances but could pose risks...
Federal Competition and Consumer Protection Commission (FCCPC), Central Bank of Nigeria (CBN) and Economic Financial Crimes Commission (EFCC) have commenced rights violation investigation in the money...
Barely six months to the deadline given to Pension Fund Administrators (PFAs) to upgrade their minimum capital from the current N1billion to N5 billion, only 50...