Nigeria Inter-Bank Settlement System (NIBBS) has shown that bank customers carried out about 2.2 million transactions on the NIBBS Instant Pay platform a day to the...
Justice Yusuf Halilu of an Abuja High Court on Tuesday ordered the Economic and Financial Crimes Commission (EFCC) to immediately release detained Tunde Ayeni, former chairman...
The Securities and Exchange Commission (SEC) has sealed off the premises of a firm, Growing Circle International in Lagos for engaging in illegal fund management activities....
Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to...
Federal government has approved the rules that will guide the operations of Chartered Institute of Bankers of Nigeria (CIBN) disciplinary tribunal. The tribunal is expected...
By Lukman Otunuga, FXTM Research Analyst, The Naira weakened against the Dollar on the forward market today, following the sudden postponement of the Presidential and National...
ICS Financial Systems announced it has earned Oracle Exadata Optimized status through Oracle PartnerNetwork (OPN), demonstrating that ICS BANKS 6.0 has been tested and tuned on...
Nigeria Deposit Insurance Corporation (NDIC) has said that the liquidation of the Fortis Micro Finance Bank was the last option in the series of interventions taken...
Bankers Committee has said it is setting aside special funds to provide capacity and support to the creative and the ICT industries. The initiative will...
Federal Inland Revenue Service (FIRS) has written to banks, directing them to lift the lien on tax defaulters’ bank accounts for 30 days. The directive,...