Mr. Festus Amede, Chairman of the Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI) has identified Data Minimization Principles, User Consent and Control,...
House of Representatives has urged the Central Bank of Nigeria (CBN), to direct banks to work on their systems to mitigate failed transactions and immediately reverse...
Following the March 1 deadline set by the Central Bank of Nigeria (CBN) for the linkage of bank accounts with either the Bank Verification Number (BVN)...
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list....
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...
Dr. Aminu Maida was appointed the Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC) by President Bola Tinubu, GCFR on Wednesday, October 11,...
Report by the Financial Institutions Training Centre (FITC) shows that Bank customers in Nigeria lost N472 million to fraud in the first quarter of 2023, according...
By Mxolisi Msutwana – Chief Operating Officer at Baxi All around the world, governments are trying to encourage cashless payments. Their reasons for doing so are...
Mastercard hosts a first-of-its-kind Fraud and Cyber Security Forum in Lagos, Nigeria in partnership with the Committee of E-Banking Industry Heads for Nigeria (CeBIH). The forum...
Central Bank of Nigeria (CBN) has given banks in Nigeria 30 days to close accounts that have not been linked to a biometric Bank Verification Number...
