Economic and Financial Crimes Commission (EFCC) has issued a formal alert regarding a growing pattern of cyber-enabled financial fraud involving counterfeit airline ticket promotions...
Economic and Financial Crimes Commission (EFCC) has raised alarm over a widespread identity fraud scheme involving over 12,000 Nigerian youths allegedly selling sensitive personal...
Banks in Nigeria closed 29.4 million accounts as of March 2025, according to the latest report by the Nigerian Interbank Settlement System (NIBSS). The...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has commenced the payment of N46.6 billion from liquidation dividends to depositors of the defunct...
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,...