The burden of handling cash by banks and merchants was becoming enormous that central bank of Nigeria conceived and began promoting electronic payment channels to ease...
House of Representatives has mandated the Committee on Banking and Currency to interface with the Central Bank of Nigeria (CBN) and Nigerian Deposit Insurance Corporation (NDIC)...
Central Bank of Nigeria (CBN), has pledged to increase the figures of bank customers enrolled on the Bank Verification Number (BVN) system from 38 million to...
Bank customers who complained of excess/unauthorised charges, frauds, guarantees, dispense errors and funds transfers; demanded and received some N3.093 billion and $1.724 million respectively from money...
Workers in the nation’s banking sector at the weekend threatened to ground all banking operations nationwide beginning from January 2, 2020. Association of Senior Staff...
Nigeria Employers’ Consultative Association (NECA), has raised concerns over the Central Bank of Nigeria’s (CBN) directive to banks on lending, saying it could pose a risk...
Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC) and Ernst & Young, (multinational financial advisory firm), the are pushing to end the operation of...
By Dayo Aderugbo For most developed countries, the youths remain an important focus in areas such as economic development, sustainability and nation building. When organisations and...
First Bank of Nigeria Limited has expressed its commitment to driving financial inclusion across Nigeria. With currently over 37,000 Firstmonie Agents, present in 99 per...
Central Bank of Nigeria (CBN), has issued a new directive whereby loan defaulters will forfeit their savings in other banks, in order to settle their debts....
