30 results
- 9 Sept 2020
CBN, Bankers Committee Move to Tackle Cyber Security With Moni Sense
The Bankers’ Committee of Nigeria in partnership with the Central Bank of Nigeria, has unveiled its cybersecurity & fraud awareness campaign, known as ‘Moni Sense’. Moni Sense, is specifically…
- 3 Apr 2023
Moni Unveils New Community-powered Business Loans to Drive Growth for African SMEs
Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range of business loans that enables market traders, spare…
- 13 Apr 2025
UBA Redefines Banking with Next-Gen PoS Terminals and Revamped MONI App
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App to redefine the digital payment landscape and…
- 6 Aug 2026
SEC Unveils Probate/Unclaimed Monies Clinic to Help Families Recover Inherited Investments
Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and other dormant investment assets by launching a Probate/Unclaimed Monies Awareness and Investor Clinic…
- 11 Sept 2020
Bankers’ Committee Introduces “Moni Sense” for Fraud Awareness
Central Bank of Nigeria (CBN) and the Bankers’ Committee have launched a cyber-security and fraud awareness campaign, called ‘Moni Sense,’ to educate members of the public on the benefits of…
- 13 Apr 2023
Unclaimed monies in dormant accounts to be invested in T-Bills – CBN
Central Bank of Nigeria (CBN) says it will mop up all dormant account balances and unclaimed balances in banks into a Trust Fund account which will ultimately be invested in Treasury Bills. This is…
- 16 Jul 2026
SEC Begins Drive to Recover Unclaimed Dividends
Securities and Exchange Commission (SEC) has commenced a nationwide enlightenment campaign to help Nigerians recover unclaimed dividends and other monies arising from capital market transactions. The…
- 31 Mar 2017
First Bank MD Warns Against Home Banking
Dr Adesola Adeduntan, Managing Director of First Bank Nigeria has advised Nigerians who have resorted to home banking to cultivate the habit of saving their monies in the conventional bank for future…
- 17 Jun 2014
CBN Orders Banks to Return Trapped ATM Funds
Central Bank of Nigeria (CBN) has directed all banks in the country to return all monies in their possession as a result of Automated Teller Machines’ (ATMs’) non-dispense or partial dispense…
- 17 Jan 2018
Court Adjourns Hearing of BVN Suit to March 1
The Federal Government on Tuesday requested for an adjournment over suit challenging its forfeiture order it secured from a Federal High Court in Abuja, to take over of monies not linked to Bank…
- 8 May 2018
CBN Orders Banks to Repay all Excess Charges
Central Bank of Nigeria (CBN) has said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund the money to the customer with interest.…
- 8 Feb 2017
5 Signs You Might Be Spending Too Much Money on Your Car
For many in Nigeria today, a car is a necessity rather than a luxury. It makes you mobile and you don’t get to experience the shenanigans of Lagos Danfos. In this recession, such monies can be used…
- 5 Sept 2016
CPC Probes Resort Savings & Loans over Alleged Diversion of Deposits
Consumer Protection Council (CPC) has began probe operations of Resort Savings and Loans Limited (RSL) over allegations of diversion of depositors’ monies and mortgage loans, following inundated…
- 11 Apr 2023
World Bank Endorses Kenya’s Digital Plans
The World Bank last week approved $390 million in funding to amplify Kenya’s growing digital economy. The monies will be used in financing the first phase of Kenya’s Digital Economy Acceleration…
- 1 Apr 2021
SEC Warns Investors against ‘High Returns’ Fraud Schemes
Securities and Exchange Commission (SEC) has cautioned potential capital market investors against putting their monies in fraud schemes that promise unwarranted high returns. Tunde Kamali, head,…
- 29 Mar 2014
Number Plates: Motorists Demand Apology, Refunds from FRSC
Motorists in Lagos on Friday told the Federal Road Safety Commission (FRSC) to apologise and refund monies paid by motorists for the issuance of the new number plates. The motorists, who spoke…
- 22 Jan 2020
AfDB says $1.8trn Available for Investments in Africa
The African Development Bank (AfDB) has said the total assets under management alone by pension funds, sovereign wealth funds and the insurance sector in Africa is about $1.8 trillion; monies that…
- 3 Aug 2020
Fraud: Access Bank Urges Customers to be Vigilant
Access Bank has urged its customers to remain vigilant and beware of the common tricks used by fraudsters to rob them of their monies. Victor Etuokwu, executive director of Retail Banking, Access…
- 14 Dec 2014
Stanbic IBTC Partners SURE-P on Mobile Money
Stanbic IBTC, in partnership with the Subsidy Reinvestment and Empowerment Programme (SURE-P), has launched the mobile conditional cash transfer programme tagged ‘Moni for my Phone’. The move…
- 8 Oct 2024
Don’t Panic, All Deposits in Nigerian Banks are Safe- CBN
Central Bank of Nigeria (CBN) has assured Nigerians not to panic as it has put in place policies to ensure that all monies deposited in financial institutions across the country are secured. The…
- 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…
- 13 Jun 2013
MDAs, Banks Stash FG’s N58Bn
Ministry of Finance has accused some ministries, departments and agencies (MDAs) of the federal government of colluding with some banks to withhold about N58 billion they generated and has threatened…
- 17 Aug 2017
FG Begins Audit of TSA Remittances by Banks
The Federal Government has commenced an independent audit to ascertain the rate of compliance by Deposit Money Banks in the remittance of government funds into the Treasury Single Account (TSA). The…
- 1 Apr 2017
NBC Extends Ultimatum to Broadcasting Stations by 3 Months
Nigeria Broadcasting Commission (NBC) has extended the ultimatum period issued indebted broadcasting organisations in the country to offset their debt to the regulatory agency. The Commission had…
- 20 May 2016
Govs Run to World Bank for $3.3Bn Loan
Governors of the 36 states in search of further succour for the ailing financial situation in the states are ready to access about $3.3billion from the World Bank. The world bank portfolio for the…
- 11 Apr 2018
NCC Asks COSON to Comply with Directives or Face Sanctions
Nigerian Copyright Commission (NCC) has asked the Governing Board of the Copyright Society of Nigeria, (COSON) to comply with its directives regarding the disputed chairmanship of the organisation or…
- 27 May 2017
El-Rufai, an “Incurable Liar”- GEJ
Former President Goodluck Jonathan has described Governor Nasir el-Rufai as a big liar, urging Nigerians not to take him seriously. Jonathan said this in a statement by his media aide, Ikechukwu Eze,…
- 19 Jan 2009
FG Pledges to Offset N100Bn Debt to Road Contractors
Hassan Lawal, minister of Works, Housing and Urban development last week, said the federal government is gearing up to pay the over N100 billion debts it owed local contractors handling its road…
- 15 Jun 2009
Zenith Bank Revolutionizes Mobile Payment with NSDT Tech
Zenith Bank, one of the biggest and most profitable banks in Nigeria has pioneered the deployment of Near Sound Data Transfer (NSDT) technology on its Automated Teller Machines (ATMs), scattered…
- 28 Jan 2017
5 Ways Power Shortage Is Affecting Nigerian Businesses
The World Bank data on ease of doing business released this year ranked Nigeria 169 out of 190 countries. Ten sub-indices were used for this ranking such as starting a business, dealing with…