Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences...
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship...
Providus Bank and Unity Bank have completed their business combination and will commence operations as a single unified institution following the conclusion of all...
A former building inspector with the City of St. Louis, Missouri, Adebanjo Popoola, has pleaded guilty to defrauding the city of approximately 1.64 million...
U.S. President Donald Trump is reportedly considering granting presidential pardons to several high-profile convicts, including music mogul Sean “Diddy” Combs and Grammy-winning rapper Prakazrel...
Fidelity Bank Plc has announced its Board of Directors’ decision to extend the employment contract of Nneka Onyeali-Ikpe, its GMD/CEO, from 2024 to 2026....
Abuja Zonal Command of the Economic and Financial Crimes Commission (EFCC) has brought forward serious charges against two former bankers, Victor Joseph and Ahmad...
Central Bank of Nigeria (CBN) has announced that it has stopped granting loans to the federal government. Speaking at an interactive session with the...
CBN Governor Yemi Cardoso appearing before the Joint Senate Committee on Finance, Banking, Insurance and Financial Institutions on Friday, February 9 said the measures...
Nigerian banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now...
Central Bank of Nigeria (CBN) has ordered the regulated entities to engage and give customers notices of outstanding obligations prior to the commencement of...
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, representing a 55 per cent increase over the N387 trillion recorded in 2022....
Federal Government has expressed worry over the rising prices of food and commodities in the country. The Minister of Finance and Coordinating Minister of...
First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria....
Mastercard, financial services firm has concluded the acquisition of a minority stake in mobile operator MTN Group’s fintech business. In a statement, MTN says...