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...
The face-off between Femi Otedola, billionaire businessman, and Jim Ovia, chairman of Zenith Bank, over an alleged multibillion naira fraud has taken a turn...
Federal high court sitting in Lagos has granted the federal government an order of interim forfeiture of properties valued at N11,140,000,000 linked to Godwin...
Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira)...
Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it will pay their deposits within one week. The Managing Director of NDIC,...
Following the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there were currently...
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, says the Federal Government is offering businesses including manufacturers in the country credit...
Nigerian Deposit Insurance Corporation (NDIC) has revealed it will pay a maximum of N5 million to each depositor in Heritage Bank, following the bank’s...