Deposit Money Banks (DMBs) in the country have been ordered to close all Naira accounts operated by International Money Transfer Operators (IMTOs). This directive was given...
Securities and Exchange Commission (SEC) has warned investors and Nigerians to be careful of activities of Famzhi Interbiz Limited because the firm was not authorised to...
SUNU Assurance Plc, has disclosed that it will close the year, 2020 with claims payout of N1.29 billion. Mr Samuel Ogbodu, managing director/ CEO, SUNU Assurance,...
This year has shaken many industries, but crypto has actually seen immense growth and investor interest since the outbreak of COVID-19. With Bitcoin hitting a new...
Central Bank of Nigeria (CBN) has warned operators against paying recipients of diaspora remittances in local currency. It warned that violators could lose their operational licences...
Interswitch Group, a digital payment company has collaborated with Kenya’s Credit Bank Plc to launch a multi-currency prepaid card for its African operations, which include Nigeria....
FXTM, part of the Exinity Group, has announced the launch of its FXTM School of Financial Investing and Trading (FIT). FIT is a comprehensive knowledge and skills building program...
Nigerian Postal Service (NIPOST) is providing rural banking to its customers through partnership with Central Bank of Nigeria (CBN), according to its Kunle Oladapo, general manager,...
Central Bank of Nigeria (CBN) has warned the general public to be careful of doing business transactions with Azimo and Transfer Wise. The apex bank said...
A report by McKinsey and Company has stated that digitalisation will enable Nigerian banks to achieve between 25 and 40 per cent cost-reduction. The report also...