Nigeria Deposit Insurance Corporation (NDIC) is working on a winding-up rule that will allow it to take down failing institutions, according to Bello Hassan, managing director...
The latest Kaspersky report has revealed that an ongoing malicious “multi-malware” campaign has conducted more than 10,000 attacks primarily targeting global organisations. The campaign employs backdoors,...
The Nigeria Deposit Insurance Corporation (NDIC), on Tuesday, revealed that cumulative payments to depositors, creditors and shareholders of banks in-liquidation as at June 30, 2023 stood...
Polaris Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual report that...
MTN Nigeria Communications Plc has appealed the decision of the Tax Appeal Tribunal (TAT) over the payment of $72.5 million fine to the Federal Inland Revenue...
Over 2. 7 million Nigerians have reportedly lost some N89.4 billion to BBHTV, a Ponzi scheme after Federal Inland Revenue Service (FIRS) froze its accounts. For...
Coalition for Transparency and Economic Reforms (COTER), pro-transparency group, has raised the alarm on a thick plot to derail the ongoing probe by the Federal Government...
Fidelity Bank has restored transfers to neobanks OPay, Palmpay, Kuda, and Moniepoint a few weeks after it blocked them due to rising fraud and customer verification...
Federal government is reportedly considering opening up the official foreign exchange market to fintech firms such as Opay, PalmPay, PiggyVest and others. The fintech firms will...
Trend Micro Incorporated, global cybersecurity leader, has said it blocked more than 10 million email threats, over 800, 000 malicious Uniform Resource Locator (URLs) and almost...
