Central Bank of Nigeria (CBN) on Monday issued a directive instructing commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends...
Nigerian Communications Commission (NCC) has confirmed that the impasse between telecommunication operators and deposit money banks (DMBs) over the accumulated N120 billion unstructured supplementary...
Central Bank of Nigeria (CBN) has launched an inquiry into an alleged $1 billion currency counterfeit deal, involving a Nigerian and other nationals. A...
Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria (CBN), and the Deputy Governor, Edward Adamu, have been dragged before a Federal High...
Financial Institutions Training Centre (FITC) has reported that mobile fraud, computer/web fraud, and Point of Sale (PoS) fraud cases made Nigerian banks lose N6billion...
President Bola Ahmed Tinubu has received a petition against Alhaji Aliko Dangote, Africa’s richest man, over $3.4 billion allegedly siphoned through the Central Bank...
Nigeria Electronic Fraud Forum (NEFF) has called on stakeholders in the financial sector to collectively address and mitigate risks posed by electronic fraud. Mr...
Central Bank of Nigeria (CBN), has said that the accumulated Electronic Fraud (E-Fraud) within the banking sector and payment systems network has led to...