A Central Bank of Nigeria (CBN), Survey Report has shown that banks experienced higher loan default rates on credit cards and overdrafts/ personal lending to household...
Access Bank, the biggest retail bank in Africa, has announced that it has received Central Bank of Nigeria (CBN’s) Approval-in-Principle to restructure to a Holdco. The...
International Consortium of Investigative Journalists (ICIJ) has uncovered how companies like Western Union and MoneyGram play a hidden role in laundering cash from around the globe....
Central Bank of Nigeria (CBN) has urged the Deposit Money Banks (DMBs) to allow zero balance for the opening of new accounts, as part of the...
Central Bank of Nigeria (CBN) is set to carry out an assessment of banks following a series of attacks unleashed on them by hoodlums last week....
In a bid to increase financial literacy amongst the younger generation, Stanbic IBTC Holdings PLC, recently held virtual sessions to educate preteens and teenagers on how...
Cyber mercenaries or hackers-for-hire are evolving their techniques and upgrading their toolset to continue stealing sensitive information, a trend that poses a big challenge to companies...
Central Bank of Nigeria (CBN) has told banks and other financial institutions to be on the look out for increased cybercrimes and well as money laundering...
Central Bank of Nigeria (CBN) has given a directive to merchant banks and regional banks to appoint chief compliance officers (CCC) on a grade not below...
Central Bank of Nigeria (CBN) refunded N2.7 billion to the customers and resolved 1,519 banks’ transaction complaints from January to June this year. Mr Haruna Mustafa...