FirstBank of Nigeria Ltd on Sunday announced a N500,000 business grant to five Small and Medium Enterprises (SMEs), through its SMEConnect initiative aimed at boosting employment....
Central Bank of Nigeria (CBN) has banned microfinance banks operating in the country from carrying out foreign exchange transactions. In a circular titled Cessation of Non-Permissible...
NIRSAL Microfinance Bank (NMFB) has denied claims that its staff had extorted applicants and promised to grant them approvals for their loan requests. In a statement,...
Access Bank Plc has introduced new USSD code, that allows customers to act swiftly to prevent fraudulent activities on their accounts. The service enables customers of...
Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,...
Federal High Court, Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze 86 accounts of some companies and individuals allegedly involved...
Seeking best-in-class ways to safeguard the resources of our customers, Access Bank PLC introduced the *901*911# USSD code, a solution that allows customers act swiftly to...
By Shile Akinjo Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catch phrases...
Central Bank of Nigeria (CBN) has said it will work with the Nigeria Police and other law enforcement agencies to ensure that anyone found abusing the...
CapitalSage Technology Limited, an integrated fintech group in Nigeria, has successfully raised $4 million (N2.2 billion) in a Series 1 Private Company Notes (“PCN”) issuance, under...