Central Bank of Nigeria (CBN) has launched simple new rules to make mobile money transfers and online banking safer and give ordinary Nigerians more...
Central Bank of Nigeria has introduced new baseline standards requiring financial institutions to adopt automated anti-money laundering systems capable of detecting suspicious transactions and...
By Blaise Udunze Nigeria has always prided itself as Africa’s largest economy and most populous nation. Currently, its banking sector is confronting a moment...
House of Representatives Public Accounts Committee, has asked Guaranty Trust Bank (GTB) to calculate and remit the Value Added Tax (VAT) on the commission...
Central Bank of Nigeria (CBN) has issued a new directive mandating that all Point-of-Sale (PoS) transactions at merchant and agent locations, whether physical or...
United Bank for Africa (UBA) has named Chukwuma Nweke as its deputy managing director. Ravenewsonline reports that Nweke’s appointment that previously held roles of...
Guaranty Trust Holding Company Plc (GTCO) has released its audited consolidated and separate financial statements for the period ended June 30, 2024, to the...
Fidelity Bank Plc, a leading financial institution, has donated maternity kits to pregnant women in Aiyetoro, Yaba Local Council Development Area (LCDA) of Lagos...
Lotus Bank Limited faces another financial blow, having been defrauded of N336,993,863.35 by one of its employees, just two months after losing N1,134,491,604.31. In...
Sterling Bank Limited, Nigeria’s leading commercial bank and Africa’s most agile company has made history by migrating to what is believed to be the...
Nigerian Institute of Public Relation’s (NIPR) governing council has announced the appointment of Rasheed Bolarinwa as the Chairman of its newly established FinanceHub Committee....