House of Representatives has passed a resolution calling for the suspension of the increase in Automated Teller Machine (ATM) transaction charges and the stoppage of free...
PalmPay and AfriGO have announced a strategic partnership. This collaboration aims to redefine the payment landscape by issuing over 5 million AfriGO cards to Nigerians. Through...
Wema Bank PLC has taken legal action against 26 financial institutions, seeking a court order to recover N888,301,598.15 allegedly withdrawn from its accounts without authorization due...
National Identity Management Commission (NIMC) has signed an agreement with the Nigerian Education Loan Fund (NELFUND) to commence rollout of multi-purpose Government-to-People (G2P) cards to students...
Securities and Exchange Commission (SEC) has revealed that women are the most affected victims of Ponzi schemes in Nigeria. A Ponzi scheme is a fraudulent investment...
TAJBank Nigeria has forged a strategic partnership with Astana International Financial Centre (AIFC) Kazakhstan, aimed at promoting non-interest banking, boosting Nigeria’s merchandize trade with Asian countries,...
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across...
Foreign investors withdrew N45.85bn from the Nigerian stock market in January 2025, an outflow that significantly overshadowed the N25.66bn recorded as foreign inflows within the same...
By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and...
Money lost to fraud in Nigeria’s banking system has nearly tripled over the past five years, according to an analysis released by the Nigeria Inter-Bank Settlement...