30 results
- 16 Jun 2016
NLC Threatens to Close Banks over Mass Sack
Nigeria Labour Congress (NLC), Wednesday, issued a 14-day ultimatum, starting from Thursday to six banks “to immediately recall all workers so sacked, and allow unionisation of workers in the banks,…
- 8 Apr 2021
CBN Freezes 84 Bank Accounts of Firms/Persons under Investigation
Central Bank of Nigeria (CBN) has secured an interim order of a federal high court in Abuja, freezing 84 bank accounts belonging to 25 individuals and companies. Those affected by the new order…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 5 Jun 2023
2023 World Environment Day: Polaris Bank restates commitment to environmental sustainability in Nigeria
Polaris Bank, Nigeria's leading digital financial institution, has restated its commitment to environmental sustainability in the country. The Bank's commitment is coming on the heels of the 2023…
- 6 Mar 2025
FG Lists Simon Ekpa, 16 Others as Terrorism Financiers, Freezes Accounts
Nigeria Sanctions Committee (NSC) has designated Simon Ekpa, 16 other persons and two entities, for their alleged involvement in supporting terrorist activities and terrorism financing. Simon Ekpa…
- 7 Apr 2021
Mobile Money: MTN Expands Cardless Cash Withdrawal Service to 44 Financial Institutions
Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial…
- 5 Nov 2024
How Hackers Manipulated, Stole N622m from Interswitch within Minutes- Police
Justice Yellim Bogoro of the Federal High Court in Lagos has heard how Daniel Ikeoha and Sylvester Ebeta, two alleged hackers, manipulated Interswitch Nigeria Limited’s Payment Gateway switch and…
- 29 May 2015
Clickatell, Technology Service Provide Honoured with Kalahari Award
Clickatell, a global leader in mobile messaging and transaction service provision, has been honored with a Kalahari Mobile Money award for its contribution to the digital financial services sector…
- 22 Feb 2010
UBA’s Brand Value Rises in Global Ranking
United Bank for Africa, the Pan-African banking group, received further endorsement of its strong brand strength, rising 161 places to 285th in the latest ranking of the Top 500 Banking Brands by the…
- 24 May 2021
FirstBank Shines in Global Banking/Finance Awards 2021
First Bank of Nigeria Ltd., has been awarded the 2021 ‘Retail Banking CEO of the Year Nigeria; ‘Most innovative Retail Banking App Nigeria’ and "Best CSR Bank Nigeria.’’ Dr Adesola Adeduntan, Chief…
- 8 Jun 2019
Microfinance Bank for Education Debuts in Nigeria
The first ever education finance bank, known as ‘Edfin’ Microfinance Bank, MfB, has made its debut in order to increase access to finance in the education eco-system. Mrs. Bunmi Lawson, Managing…
- 10 Aug 2017
Police Recover 189 SIM Cards from Fraudsters
Moruf Animashaun, a prosecutor, has told a Lagos court that 189 Subscriber Identity Module (SIM) cards were retrieved from accused persons charged with defrauding a woman of N3.3million through a…
- 2 Dec 2022
Stakeholders Seek Collaboration to Mitigate Cyberattacks in Organizations
Information security stakeholders have laid out the recipe for activating a secured cyber environment for Nigeria. Speaking at the Annual Cybersecurity Conference organised by Information Security…
- 6 Jul 2022
Kenyan Court Freezes Accounts of Flutterwave, Others for Alleged Money Laundering
A Kenyan high court has reportedly frozen the accounts of Futterwave, a Nigerian fintech, among over alleged money laundering. A total of 56 bank accounts holding a whopping Sh7 billion suspected to…
- 13 Jan 2016
Unions Say Powerful, Fraudulent Cabal Manipulate Aero Contractors
The National Union of Air Transport Employees (NUATE), and the Air Transport Senior Staff Services Association of Nigeria (ATSSSAN) ‎have sent out a distress cry to the management of the…
- 29 Jul 2013
Winners Emerge in VISA/Cc-Hub Financial Literacy Apps Challenge
“Money TALKS”, a financial platform where users can get audio tutorials in multiple languages on specific financial issues that Nigerians face was declared the finest app by judges at financial…
- 7 Nov 2012
FirstBank Launches Firstmonie Mobile Money Service
FirstBank of Nigeria Plc has launched her Firstmonie Mobile Money Service, an innovative product that enables customers to access financial and other value added services offered by the bank through…
- 23 Oct 2020
CBN Out with Standard for Banks' Compliance Officers
Central Bank of Nigeria (CBN) has given a directive to merchant banks and regional banks to appoint chief compliance officers (CCC) on a grade not below an assistant general manager. It said this in…
- 27 Sept 2024
AFC Partners Itana for the Creation of Africa’s First Digital Economic Zone
Itana, Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have agreed to jointly…
- 4 Aug 2014
Experts Harp on Capacity to Combat Cybercrime
Stakeholders in the information technology security ecosystem have identified capacity challenge as major in the fight against cyber attack in the country and reeled out measures to combat the…
- 21 Dec 2017
TD Fetes Customers, Partners
Technology Distributions Ltd. (TD Africa), Sub-Saharan Africa’s biggest ICT distributors, continued its tradition of putting on an unrivalled show of glamour in celebrating its partners and…
- 10 Oct 2024
NASENI, WEMA Bank, FREEE Recycle, Others Receive Awards @The Nigeria Innovation Summit 9.0
Nigeria Innovation Summit 9.0 which was held on October 2nd, 2024 with the theme: “Building a Culture of Innovation”, was successfully concluded with the participation of delegates and stakeholders…
- 28 Feb 2012
Ericsson Fast-tracks Mobile Financial Services with New m-Commerce Portfolio
Ericsson has unveiled its new extended suite of m-commerce solutions and services, designed to accelerate access and interconnection between the emerging m-commerce eco-system and the financial world…
- 1 Feb 2018
FG to Spend Additional $3.1bn on Digital National Identity
Vice President Yemi Osinbajo, yesterday in Abuja, said the Federal Government required additional 3.1 billion US dollars to achieve digital national identity for all citizens. Osinbajo disclosed this…
- 24 Feb 2018
FG Mulls Specialised for Innovators, Science/Tech Ventures
Dr Ogbonnaya Onu, minister of Science and Technology, has said that the federal government is working toward establishing specialised bank to assist innovators and entrepreneurs in science and…
- 12 Dec 2018
Celebrating You 2018: Stars Light Up TD’s Glamorous Year-End Party
A host of dignitaries including government functionaries, corporate big-wigs and a star-studded line-up of guests and artistes were in attendance as Technology Distributions Ltd. (TD), Sub-Saharan…
- 18 Oct 2018
Ghanaian President is Set to Grace TD’s Celebrating You 2018 Edition
Anticipation and excitement is on the rise for the 2018 edition of Celebrating You, an annual year-end awards/dinner party organized by Technology Distributions Ltd. (TD), Sub-Saharan Africa’s…
- 26 Nov 2018
Yemi Alade, Duncan Mighty, Wande Coal, Falz, Others Set to Light Up Celebrating You 2018
A-list artistes YemiAlade, Duncan Mighty and Wande Coal are among the collection of stars expected to thrill guests and attendees at Celebrating You 2018 – an annual year-end awards/dinner party…
- 19 Sept 2024
IFC, Airtel Africa Partner to Increase Access to High-speed Mobile Connectivity in sub-Saharan Africa
IFC has provided new financing to three of Airtel Africa plc's subsidiaries with the aim of bringing high-speed mobile connectivity to more than 37 million subscribers in sub-Saharan Africa. IFC's…
- 19 Oct 2015
Ericsson Showcases M-Commerce, Transport Solutions at Transform Africa
Ericsson envisions a Networked Society in which connectivity is the starting point for new ways of innovating, collaborating and socializing. Given that more than half of the world’s population…