
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to...

The Central Bank of Nigeria (CBN) says the nation’s aggregate foreign capital inflow stood at 4.94 billion dollars as at the fourth quarter of 2013. The...

The Senate Committee on Privatisation has expressed delight over the impressive performance of Intels Nigeria Limited and urged its owners to take the company to the...

Banks in the country have been ordered by the Central Bank of Nigeria (CBN) to start destroying Automated Teller Machine (ATMs) cards trapped in their ATM...

Dr. Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), has linked banks to money laundering and other related crimes and accused them of...

Ministry of Communication Technology (FMCT) has perfected plans to unlock the Nigeria Postal Service (NIPOST) in order to create 300,000 agents who will drive financial...

The Central Bank of Nigeria (CBN) says Nigeria has more than 100 million mobile phone users that can support cashless policy. Aaron Yaduma, Head of CBN’s...

Umma Aminu Dutse, director, Consumer Protection Department of Central Bank of Nigeria (CBN) said that the apex bank has recovered over N13 billion excessive illegal deductions...

Savers Card International (SCI), owners of the Savers Club Discount Card, has re-launched its premium discount card. The Savers Club Discount Card, which comes as a...

Central Bank of Nigeria (CBN) has set November 30 deadline for banks in the country to meet specified payment card security specifications, in a move to...