Transactions over Point of Sale terminal (PoS) across the country recorded 49 percent rise over the past year, suggesting a growing acceptance of the use of...
Central Bank of Nigeria (CBN) has in a circular directed Deposit Money Banks to maintain dedicated fraud desks in order to stem frauds within the banking...
Electronic payment experts have identified factors militating against the adoption of the policy in 30 states of the country where the third phase was launched in...
About N400 billion bad debt outstanding in the banking sector is causing panic in the industry and most of the debtors are individuals who have the...
Central Bank of Nigeria (CBN), Monday, said it had dismissed six officials that were involved in the N8 billion currency fraud in some of its branches....
Economic and Financial Crimes Commission (EFCC), has arrested six top officials of Central Bank of Nigeria (CBN) and 16 other workers of commercial banks in the...
Electronic Payment Providers Association of Nigeria (EPPAN) has disclosed that the number of bank account holders in Nigeria constituting of both individuals and organisations has reached...
Central Bank of Nigeria (CBN) has ordered banks to publish lists of individuals and companies with non-performing loans to curb a rise in bad debt as...
The controversy over alleged missing oil remittances took another turn as All Progressives Congress (APC), claimed that it has evidence that the sum is pretty much...
Central Bank of Nigeria (CBN) said it would publish the names of chronic bank debtors and waxed worriedly about the growing amount of non-performing loans in...
