Umaru Ibrahim, Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, has stressed the urgent need to bring more Nigerians into the financial services net. Ibrahim...
The Naira exchanged between N405 and N420 to the dollar yesterday as panic buying by foreign currency traders triggered another round of depreciation of the local...
By Lukman Otunuga, Senior Research Analyst at FXTM, Things just got even worse for financial markets as rising panic surrounding the coronavirus pandemic pummeled equities across...
Economic and Financial Crimes Commission (EFCC) has arraigned five workers of Fidelity Bank Plc before Justice Archibong Archibong of the Akwa Ibom State High Court sitting...
Nigeria Deposit Insurance Corporation (NDIC) has announced that it would start paying shareholders of the defunct Continental Merchant Bank Plc from Monday, March 23, 2020. A...
Central Bank of Nigeria (CBN) has reviewed the Nigeria Uniform Bank Account Number (NUBAN) to include other finance institutions. A circular signed by Musa Jimoh, director,...
Large scale crypto-currency scams are rocking Nigeria as fraudulent firms claiming to offer digital currencies buffet on Nigerians while monetary authorities and law enforcement agencies appear...
Nigeria Deposit Insurance Corporation (NDIC) has said that 40 per cent of Nigerians do not have access to financial services. Umaru Ibrahim, managing director/CEO, NDIC, said...
The global secure logistics market, which includes cash handling and security, is expected to grow by $20.4 billion by 2024, or a compound annual growth rate...
Nigerian banks may have reintroduced the N50 stamp duty charges on electronic payments in the country despite the public outcries that have greeted the controversial charge....