Nigeria’s foreign reserves surged to $40.08 billion on November 7, 2024, marking their highest level in almost two years, as reported by the Central...
Fasasi Sarafadeen Atanda, national president, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) said Nigerian Banks lost N42.6b to fraudsters in Nigeria...
Nigeria Deposit Insurance Corporation (NDIC) has strengthened its partnership with the judiciary aimed at enhancing the prosecution of failed banks, according to Bello Hassan,...
Mr Bello Hassan, managing director/CEO, Nigeria Deposit Insurance Corporation (NDIC), has said that the use of Bank Verification Numbers (BVN) facilitated the successful reimbursement...
Nigeria Deposit Insurance Corporation (NDIC) has said that account names discrepancies in Bank Verification Number (BVN) linked alternate account of some defunct Heritage Bank...
In a shocking revelation, Paradigm Initiative has found out that several unauthorised websites are claiming to hold and provide access to sensitive personal and...
Nigeria Inter-Bank Settlement System has said the registration for the Bank Verification Number (BVN) has now increased to 61.16 million. NIBSS disclosed this on...
Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or...
Commercial banks have commenced a massive recovery of the loans disbursed to Nigerians to cushion the economic impact of the coronavirus pandemic. Several beneficiaries...