Ginger Onwusibe, chairman, House of Representatives Committee on Financial Crimes, on Wednesday disclosed that Nigeria loses about $500 million annually to the activities of cyber criminals....
Central Bank of Nigeria (CBN) has kicked off the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria...
United Bank for Africa Plc (UBA) has announced a two-week extension of its ongoing ₦157.84bn rights issue, following approval from the Securities and Exchange Commission (SEC)....
Nigerian bank customers have continued to express frustration over what they describe as unauthorised and excessive debits from their accounts, calling on the Bank Customers Association...
Fidelity Bank Plc, has announced that Lagos State Governor – Mr. Babajide Sanwo-Olu- will lead the Lagos State delegation to the 2025 Fidelity Nigeria International Trade...
Central Bank of Nigeria (CBN) has announced the establishment of a new compliance department to strengthen oversight of non-prudential risks in the country’s financial sector. In...
Union Bank of Nigeria, one of the nation’s longest standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following...
Nigeria’s economy is receiving a major boost from its diaspora community, with remittance inflows tripling to $600 million monthly over the past two months, according to...
Central Bank of Nigeria (CBN) has issued a directive mandating that all Point of Sale (PoS) terminals across the country be fitted with GPS tracking systems...
Nigerian banks are facing a potential increase in impaired loans and fresh pressure on their capital buffers as regulators prepare to withdraw systemwide forbearance measures that...
