The number of subscribers to the 23 Mobile Money Operators (MMOs) in the country stood at 9.25million as at the first half of this year, Alhaji...
Nigeria Deposit Insurance Corporation (NDIC) on Tuesday said the country’s banks remain stable in spite of a negative rating on Nigeria by global credit rating agency,...
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), Nigeria Deposit Insurance Corporation (NDIC) and Ernst & Young, (multinational financial advisory firm), the are pushing to end the operation of...
Central Bank of Nigeria (CBN) has revoked the operating licences of no fewer than 153 Micro-Finance Banks (MFBs) and six Primary Mortgage Banks (PMBs), This...
Yemi Osinbajo, vice president, has urged banks to rethink on their method of managing risks in the sector because the use of huge bailout funds may...
Nigeria Deposit Insurance Corporation (NDIC) has said that bank managers and supervisors were involved in no fewer than 119 fraud and forgery cases in banks which...
The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 per cent when compared to the N2.37 billion lost...
Mrs Oluwatobi Bashoro, managing director/ chief executive officer, Renmoney Microfinance Bank Limited, has resigned from the bank, just 10 months after her appointment. Igbiwi Erhahon,...
Asset Management Corporation of Nigeria (AMCON) has said that chronic debtors of the corporation were occupying top government positions, adding that “these people are not role...
