30 results
- 27 Oct 2024
Nigeria Makes List of Top 10 Countries with Highest Cases of Internet Scams
As the digital age progresses, internet scam have become a significant concern for individuals, businesses, and governments worldwide. While providing numerous opportunities for communication and…
- 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…
- 18 Apr 2025
CBN Warns Banks, Fintechs on Compliance with Sanctions
Central Bank of Nigeria (CBN) has reminded banks, payment service banks, and fintech companies of their obligations to comply with applicable sanctions regimes. These sanctions include the United…
- 12 Aug 2026
SEC Directs Operators to Subscribe to NigSac Alerts, Freeze Terrorists-Linked Funds
Securities and Exchange Commission (SEC) has issued an urgent directive requiring all capital market-regulated entities (CMREs) to immediately subscribe to Nigeria’s Sanctions (NigSac) Alerts system.…
- 22 Mar 2020
NCC Lists Challenges Facing Telecom Users in Nigeria
Nigerian Communications Commission (NCC), has listed cybercrime and e-fraud as some of the major challenges facing telecommunications users in the country. Prof. Umar Danbatta, EVC, NCC cc Prof Umar…
- 30 Sept 2019
CBN Orders Bank to Monitor Individuals, Firms under UN Sanctions
Central Bank of Nigeria (CBN), has called on banks and Other Financial Institutions (OFIs) to report suspicious transactions of entities or individuals in the global sanction lists of the United…
- 29 Oct 2018
Nigeria Boosts MTN Group’s Subscriber Base Growth Despite Sanction
The MTN group added 2.5 million new subscribers in the third quarter of the year, boosted by a strong performance in its embattled Nigerian operations and robust growth out of Ghana. However, MTN SA…
- 13 Aug 2026
SEC Orders Immediate Freeze of Assets Linked to Six Terrorism Financiers, Three Entities
Securities and Exchange Commission (SEC) has directed capital market operators to immediately freeze the assets of six individuals and three entities designated as terrorism financiers by the Nigeria…
- 20 Mar 2024
FG Names 15 Terrorism Financiers, BDCs
Federal government said that it has uncovered the identity of 15 entities, including nine individuals and six Bureau De Change operators and firms, allegedly involved in terrorism financing. On…
- 6 Sept 2016
CBN to Sanction Banks over Power Fund
Central Bank of Nigeria (CBN) has threatened to sanction any of the participating deposit money banks that contravenes the terms and conditions of the Nigerian Electricity Market Stabilisation…
- 30 Nov 2018
NCC Threatens to Sanction Erring Telecom Service Providers
The Nigeria Communication Commission (NCC) said it would sanction service providers who fail to abide by the regulations of the commission in dealing with their consumers. This is coming as the…
- 13 Apr 2024
NGX Sanctions Julius Berger over ‘Insider Dealing’
Nigerian Exchange (NGX) has sanctioned Julius Berger Nigeria (JBN) Plc for engaging in inappropriate insider dealing in shares. Insider dealing is the illegal practice of trading on the stock…
- 11 Sept 2019
CBN Threatens to Sanction Bank Chiefs Who Breach ePayment Rules
Central Bank of Nigeria (CBN) said it will sanction bank chiefs who its breach e-payment reporting rules, including using unapproved third party end-to-end payment solution. Chief executives…
- 21 Oct 2013
Key Measures Point Stinky Fingers @ Nigeria
From pervasive corruption to alarming incidences of intellectual property theft, Nigeria has been ranked among the bottom 10 performers in the world according to a compilation by ENDS.ng, Every…
- 4 May 2018
MTN Faces R4.6Bn Repatriation Problem
MTN faces the risk of not being able to repatriate about R4.6billion from Iran if US President Donald Trump persuades his allies in Europe to reimpose sanctions on the Middle Eastern nation,…
- 26 Apr 2018
CBN to Punish Banks, Directors for Money Laundering Offences
Central Bank of Nigeria (CBN) has reeled out new regime of sanctions which includes punishments for banks, their directors as well as huge fines against financial institutions found culpable of any…
- 23 May 2014
UN Blacklists Boko Haram, Slams Sanctions
United Nations (UN) Security Council Committee on al Qaeda, on Thursday, blacklisted Boko Haram, Nigeria’s Islamist militant group, after the abduction of hundreds of schoolgirls, diplomats said. The…
- 15 Sept 2019
NGO Asks SEC to Sack Ndukwe, Others from MTN Board
Human and Environmental Development Agenda (HEDA) has given the Securities and Exchange Commission (SEC) a 14-day ultimatum to delist some members of the newly constituted board of MTN Nigeria.…
- 16 Jun 2016
Why MTN Will Bounce Back Bigger & Better
When the Federal Communications Commission (FCC) announced its intent to fine multinational telecommunication giant AT&T $100 for violating a provision of the agency’s Net neutrality regulations…
- 13 Oct 2021
Bank Account without BVN to Attract 2m Fine- CBN
Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the framework of the Bank Verification Number (BVN)…
- 19 Mar 2023
Nigerian Exchange Fines 16 Firms N779m for Market Offences
Nigerian Exchange Limited (NGX) has sanctioned 16 companies for various market infractions in three years. According to report in the Punch, , the NGX imposed the sum of N779.5m fine on LASACO…
- 18 Oct 2021
Nigeria Exchange Slams N1Bn Fines on 40 Firms for Infractions
Nigeria Exchange Limited (NGX) has slammed N1 billion on 40 companies listed on the floor of the exchange for various market infractions. The fines were from 2020 to date. Analysis indicates that…
- 18 Feb 2019
FG Okays Tribunal to Try Banks, Bankers for Offenses
Federal government has approved the rules that will guide the operations of Chartered Institute of Bankers of Nigeria (CIBN) disciplinary tribunal. The tribunal is expected to sanction bankers…
- 27 Apr 2022
Senate Outlaws Payment of Ransom to Kidnappers
The Senate on Wednesday passed a bill to make it criminal to pay ransom to kidnappers in Nigeria, saying this move is to “discourage the rising spate of kidnapping and abduction for ransom,” which it…
- 29 Apr 2018
NBC Sanctions NTA, Others for Breaching Broadcasting Code
The National Broadcasting Commission has warned and sanctioned 121 radio stations across the country for breaching the Nigerian Broadcasting Code. The Nigerian Television Authority, Channels…
- 14 Oct 2021
CBN Asks Banks to Report Dead Customers’ BVN to NIBSS within 24hrs
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement System (NIBSS) within…
- 3 Feb 2023
NBC Fines Arise TV, TVC N2m over Breach of Broadcast Code
National Broadcasting Commission (NBC) has fined Arise News TV and TVC N2 million each for allegedly breaching the national broadcasting code in the countdown to the 2023 general elections. Balarabe…
- 5 Jun 2020
Group Petitions US Congress, Demands Emefiele’s Sanction over Alleged Scam at CBN
Nigerian Young Professionals Forum (NYPF), global pan-Nigeria group, has petitioned the US Congress over alleged multiple scams at the Central Bank of Nigeria (CBN), under the watch of Godwin…
- 1 Mar 2026
SERAP Asks FCCPC to Investigate Google, Meta, Others over Alleged Rights Abuses
Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal Competition and Consumer Protection Commission (FCCPC) “to urgently investigate allegations that Google, Meta…
- 24 Aug 2018
Hate Speech: NBC to Sanction Ondo TV
National Broadcasting Commission (NBC) said it will sanction Ondo State Television Service (OSTS) for broadcasting hate speech against Gov. Ayodele Fayose of Ekiti during the recent governorship…