Central Bank of Nigeria (CBN) said it will sanction bank chiefs who its breach e-payment reporting rules, including using unapproved third party end-to-end payment solution. ...
The use of e-permit of the National Agency for Food and Drug Administration and Control (NAFDAC) on the Nigeria Trade Portal for processing e-form ‘M’ will...
VerifyMe Nigeria, a verification platform that enables seamless and real-time ID verifications backed by the Nigerian Identity Management Commission (NIMC), Bank Verification Number (BVN), and Federal...
Central Bank of Nigeria (CBN) has mandated commercial banks to stop lending to firms without Tax Identification Number and individuals not having Bank Verification Number (BVN)....
Securities and Exchange Commission (SEC) and National Information Technology Development Agency (NITDA) have commenced move to develop a standardised form that would aid investors to get...
Operators in the banking industry have resolved to be more stringent in scrutinising third party engagements to ensure data protection of customers. The operators at...
The banking industry lost N1.1 trillion in total assets as a result of compliance with the requirements of the International Financial Reporting Standard (IFRS) 9 on...
Central Bank of Nigeria (CBN) has issued new Consumer Protection Guidelines to improve the quality of banking and has directed commercial banks to provide a Key...
Federal government has taken new measures to recover the over N5triilion debt owed the Asset Management Corporation of Nigeria (AMCON) by some prominent Nigerians and corporate...
The number of bank accounts in Nigeria has hit 36 million, as Bank Verification Number (BVN) enrolment in the country increased to 38,696,142, according to figure...
