Central Bank of Nigeria (CBN) has stated that it disposed of N698,480.00 million worth of unfit banknotes in 2020. This was disclosed in the recently released...
The Chartered Insurance Institute of Nigeria has urged insurance operators to evolve, embrace change and digitise their processes to enable them to meet customers’ needs and...
Central Bank of Nigeria (CBN) has said that counterfeit Naira notes in Nigeria dropped 20.80 per cent in volume and 12.18 per cent in value in...
Nigerian Deposit Insurance Corporation (NDIC), has asked customers who discover that they have been overcharged on their accounts by the banks as account and card maintenance...
Hundreds of thousands of Nigerians have opened digital wallets to hold the eNaira, Africa’s first digital currency, but sceptics warn that broad mistrust of the government...
Central Bank of Nigeria (CBN) spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in 2020, according a...
Banks in Nigeria said they will stop accepting the old-style of £20 and £50 Banknotes from January 2022. This followed the decision of the Bank of...
Globally, as well as in Africa, the payments industry suffered a much-smaller-than-anticipated impact from the COVID-19 crisis and has returned to growth with renewed momentum, according...
The African Development Bank (AfDB) has blacklisted at least 40 Nigerian firms and individuals for engaging in corrupt practices, fraud and collusive practices between 2017 and...
International Monetary Fund (IMF) has said Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak. The Bretton Woods...