The Central Bank of Nigeria (CBN) has announced a comprehensive review of documentation requirements for transactions processed through the Pan-African Payment and Settlement System (PAPSS), aimed...
The Federal Inland Revenue Service has directed banks across the country to immediately identify and close any tax and levy collection accounts not authorised under its...
United Bank for Africa (UBA) Plc has unveiled an ambitious vision to expand its presence to over 100 countries worldwide in the next 75 years, deepening...
The Supreme Court of Nigeria has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties...
In less than a year since its launch, the Nigeria Education Loan Fund (NELFUND) has attracted over 500,000 student loan applications—highlighting a growing national demand for...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has commenced the payment of N46.6 billion from liquidation dividends to depositors of the defunct Heritage Bank....
After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to...
The World Bank has predicted that Nigeria may likely see a rise in the levels of poverty over the next two years despite a moderate economic...
Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investment schemes to the commission for proper investigation and necessary action. This is...
The Nigerian federal government announced that the Electronic Money Transfer Levy (EMTL) generated $49.5 million in revenue, with fintech companies contributing $18 million. This fund, as...