Two companies formerly trading their shares on the floor of the Nigerian Stock Exchange (NSE) have finally been delisted from the platform. The two affected...
The Nigeria Deposit Insurance Corporation (NDIC) has signed a Memorandum of Understanding (MOU) with the Korea Deposit Insurance Corporation (KDIC) on a wide range of issues...
Operators in the banking industry have resolved to be more stringent in scrutinising third party engagements to ensure data protection of customers. The operators at...
The banking industry lost N1.1 trillion in total assets as a result of compliance with the requirements of the International Financial Reporting Standard (IFRS) 9 on...
National Insurance Commission (NAICOM) has put measures in place to prevent funds from unwholesome sources from being invested in the industry during this period of recapitalisation...
Zenith Bank Plc, Nigeria’s second-biggest lender by market value, plans to accelerate lending in the second half after its loan-to-deposit ratio fell short of the regulator’s...
Payment card standards body EMVCo released proposed specification changes over the weekend for payment systems to accommodate longer numbers on credit and debit cards for identifying...
Financial Reporting Council of Nigeria (FRCN) has, issued a public notice which revoked its Rule 4, requiring regulatory approval for events/transactions having financial reporting implications prior...
Justice Abiodun Adesodun of the Ekiti State High Court, has convicted Michael Adedayo Ihinolurinjon, a former cashier officer with Fidelity Bank, Ado branch of Ado Ekiti,...
African Development Bank (AfDB) said it has received $20m investment from the Clean Technology Fund for the Facility for Energy Inclusion. The bank, in a...