The Nigeria Deposit Insurance Corporation (NDIC), said it would develop strategies to address emerging issues affecting the performances of banks to protect depositors. Alhaji Umaru Ibrahim,...
First Bank of Nigeria Plc which prides itself as the Nigeria’s bank of first choice is to shut down its 700 branches nationwide from Thursday (tomorrow)...
Fitch Ratings has downgraded MTN Group’s National Long-Term Rating to ‘AA-(zaf)’ from ‘AA(zaf)’ but the Outlook is Stable. Fitch has affirmed the National Short-Term Rating at...
The House of Representatives and the Consumer Protection Council (CPC) have launched an investigation into allegations of indiscriminate seizure of customers’ money by malfunctioning Automated Teller...
Several bank customers remain stranded in banking halls in the Eastern Nigeria coal mining capital, Enugu Monday as a new Central Bank of Nigeria (CBN) monetary...
Board of executive directors of the World Bank has approved $30 million each in International Development Association (IDA) credits to support the governments of Mauritania and...
From today, any cheque above N150,000 originating from a third party must be lodged into the beneficiary’s account as the Central Bank of Nigeria (CBN’s) cash-less...
Professor Mthuli Ncube, Chief Economist and Vice-President of the African Development Bank (AfDB), has said that Africa is one of the regions in the world with...
ICS Financial Systems (ICSFS), a global leader in the banking software industry, showcased its complete suite of banking software offerings at the Banking Technology Turkey Summit,...
Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda. This was the sentiment of Tony Elumelu’s speech, described...