Prof. Bolaji Owasanoye, SAN, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), , has stated that virtual and cryptocurrencies pose serious legal...
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for...
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria (CBN). The CBN attributed this new development to excess liquidity in...
Central Bank of Nigeria (CBN) has directed banks to automatically open dollar bank accounts for their customers who do not have domiciliary in order to facilitate...
Securities and Exchange Commission (SEC) has disclosed that there is no policy conflict between itself and the Central Bank of Nigeria (CBN) over the ban placed...
Abubakar Malami, SAN, attorney-general of the federation and minister of justice, has given reasons the federal government was yet to obey the court order to unfreeze...
Central Bank of Nigeria (CBN) has directed commercial banks to accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for transactions....
Federal High Court sitting in Abeokuta, Ogun State capital, has dismissed a suit instituted by Olumide Babalola, lawyer, challenging the Central Bank of Nigeria (CBN) policy...
PiggyVest, fintech company, has announced its split from Providus Bank to Wema Bank after Providus Bank pulled back from running virtual account services. Providus’ move comes...
Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a...
