Nigeria Police Force has arrested two suspects over a N713.9 million fraud linked to a breach involving a third-party banking platform. The police in a statement signed by...
Central Bank of Nigeria (CBN) will from today start enforcing the new Bank Verification Number (BVN) regulations, in a major move aimed at tightening banking security...
Bank Verification Number (BVN) in Nigeria’s database has grown to 68.6 million as of March 2026, according to newly released data by the Nigeria Inter-Bank Settlement...
Former Minister of Finance, Kemi Adeosun, has revealed how the Federal Government used technology to eliminate large-scale payroll fraud, uncovering 45,000 “ghost workers” through the integration...
Central Bank of Nigeria (CBN) has introduced stricter rules guiding the use and management of the Bank Verification Number (BVN) as part of efforts to reduce...
Central Bank of Nigeria (CBN) has introduced stricter Bank Verification Number (BVN) enrolment and data access rules to prevent suspected fraudulent transactions, effective May 1, 2026....
Central Bank of Nigeria (CBN) has launched simple new rules to make mobile money transfers and online banking safer and give ordinary Nigerians more say over...
Federal High Court sitting in Lagos has ordered the freezing of bank accounts belonging to Petrocam Trading Nigeria Limited and Patrick Ilo, its founder, over an...
Central Bank of Nigeria (CBN) has issued new baseline standards requiring banks and other financial institutions to deploy automated anti-money laundering systems capable of detecting suspicious...
Abiodun Olokunjuwon, a retired civil servant based in Ibadan has instituted a N50 million lawsuit against Moniepoint Microfinance Bank at the Oyo State High Court, alleging...
