Central Bank of Nigeria (CBN) has warned that it will sanction banks that restrict Automated Teller Machine (ATM) withdrawals to amounts below N20,000 per...
In a landmark ruling on Tuesday, Justice Ramon Oshodi of the Lagos State Special Offences Court, Ikeja, Lagos, ordered the forfeiture of 6.3 billion...
Federal High Court sitting in Ikoyi, Lagos, has convicted and sentenced one Faruk Umar to six months imprisonment. The Economic and Financial Crimes Commission,...
Fidelity Bank Plc, Leading financial institution, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer...
Moneipoint has denied reports that Moniepoint MFB, its microfinance bank, was hacked and some N1.1 billion allegedly stolen. Moniepoint, in a blog post said...
Nigeria police on Wednesday indicted Sterling Bank over alleged money laundering, fraudulent deductions and other financial crimes by its staff members. This was contained...
National Bureau of Statistics (NBS) website is back online after being inaccessible for 29 days following a cyberattack. The hack, confirmed by the bureau...
Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November according to the latest Consumer Price Index and inflation...