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...
Nigerians are worried that the activities of fraudsters in banks across the country may have overwhelmed banking operations despite efforts at curbing them. Gen Yakubu...
Securities and Exchange Commission (SEC) has directed shareholders of defunct Skye Bank plc to claim their dividend payment. The apex capital market regulator in its...
