Pension Transitional Arrangement Directorate (PTAD) has said that over N7 billion has been saved through the use of Bank Verification Number (BVN) in its verification of...
House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria (CBN) has begun investigation...
House of Representatives, Wednesday, alleged that 71 million Nigerians still operate their banks’ accounts without identification. The House has therefore, set up an ad hoc committee,...
Central Bank of Nigeria (CBN) has said that the said the security and dependability of the eNaira stems from the fact that it uses cryptographic technologies...
Online payments reached record heights in Nigeria in the third quarter of 2020, when the value of transactions increased to $116 billion from $68.3 billion in...
Central Bank of Nigeria (CBN) has announced that the yet-to-be-launched eNaira will have a new add-on that will enable users to complete transactions with mobile phones...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement...
Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the framework of the...
A Lagos State High Court in Ikeja has frozen assets and funds put at N19,178,253,050 allegedly kept in 24 banks by Francis Atuche, a convicted former...
Central Bank of Nigeria (CBN), has directed all commercial banks to publish on their websites, names and Bank Verification Numbers (BVNs) of customers found to have...
