Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to protecting depositors and sustaining confidence in the nation’s banking system, declaring that its insurance framework currently...
Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit...
Central Bank of Nigeria (CBN) has assured Nigerians that the ongoing banking sector recapitalisation exercise will not affect customer deposits, insisting that the financial system remains...
Economic and Financial Crimes Commission (EFCC) has urged the Central Bank of Nigeria (CBN) to deepen collaboration and provide faster operational support in Enugu State. Zonal...
Nigerian Communications Commission (NCC) has launched the Telecoms Identity Risk Management System (TIRMS) to enhance digital security and fight telecom fraud. Dr Aminu Maida, Executive Vice...
Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) operating in the country to open and maintain naira settlement accounts with authorised...
Central Bank of Nigeria (CBN) has been named Central Bank of the Year 2026 by an awards committee in London. The award recognises the bank’s major...
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...
By Blaise Udunze Nigeria has always prided itself as Africa’s largest economy and most populous nation. Currently, its banking sector is confronting a moment of truth...
Payments Forum Nigeria (PAFON), the country’s leading industry platform for digital finance stakeholders, has officially announced the third edition of its flagship event, PAFON 3.0. The...
