28 results
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 17 May 2026
FirstBank, Visa Launch Multicurrency Signature, Naira Debit Cards
First Bank of Nigeria Limited, in partnership with Visa, has launched its multicurrency Visa Signature card, a premium offering designed for Nigeria’s affluent segment, as well as the Naira Visa…
- 25 Aug 2025
Miden Systems Drags Bank to Court over Alleged Forgery, Misappropriation
Miden Systems Limited, an Abuja-based firm, has dragged Sterling Bank Limited and some of its management staff before the Chief Magistrate’s Court, Wuse Zone 2, Abuja, over allegations of conspiracy,…
- 9 May 2013
MasterCard Powers Nigerian Identity Card Programme
Nigerian National IdentityManagement Commission (NIMC) and MasterCard have announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards…
- 22 Sept 2008
Nextzon, Neptune Join Forces on Orbit Microfinance Application
Neptune Software Nigeria, a subsidiary company of Neptune Software PLC, United Kingdom has signed a landmark agreement with Nextzon Business Services Limited for the installation, configuration &…
- 22 Sept 2025
Visa Unveils Affluent Rewards Program in Nigeria
In a first-of-its-kind move for Nigeria’s premium cardholders, Visa has introduced the Visa Affluent Rewards Program, a curated collection of local rewards, elite privileges, and lifestyle benefits…
- 8 Feb 2019
EFCC Clears TD Staff, Zinox of N170m Contract Scam Allegation
Economic and Financial Crimes Commission (EFCC), just like the Nigerian Police, has cleared Zinox Technologies Ltd., Zinox Telecoms as well as Technology Distributions Ltd. (TD) and its staff of any…
- 10 Sept 2017
Joseph Petitions VP Osinbajo Again Over N170m Deal with FIRS
Benjamin Joseph, managing director of an Ibadan-based firm, Citadel Oracle Concepts has again petitioned Yemi Osinbajo, Vice President, against the Economic and Financial Crime Commission (EFCC); the…
- 14 Oct 2018
Customer Raises Alarm as N350m Disappears from his Access Bank Accounts
Serious trouble may be brewing for Access Bank Plc as Mr Pascal Nwabueze Innocent has alleged that over N350 million been fraudulently withdrawn from the two accounts he operates with the bank…
- 9 Jul 2013
UBA Launches Exclusive World Mastercard
United Bank for Africa (UBA) Plc has introduced the World MasterCard, which is the most exclusive card in the MasterCard staple. The introduction of the UBA World MasterCard is consistent with the…
- 25 Nov 2020
EFCC Nabs Alleged Ponzi Scheme Operator Promising Investors 50% RoI
Economic and Financial Crimes Commission (EFCC) has arrested Umanah E. Umanah, alleged Ponzi scheme operator based in Uyo, Akwa Ibom State. Umanah E. Umanah, alleged Ponzi scheme operator Umanah ,…
- 8 Oct 2020
Ex-MD of Alpha-Beta Alleges Fraud, Tax Evasion as Court Summons Tinubu
Oladapo Apara, former managing director of Alpha-Beta Consulting, has filed lawsuit alleging that the company has been diverting billions of naira from the coffers of the Lagos state government since…
- 27 Oct 2014
Experts Want NIMC Act Repealed, Multi-Dimensional ID Approach
Experts at the 2014 annual lecture of the Chartered Institute of Bankers of Nigeria (CIBN) have called for a multi-dimensional approach and a review of the National Identity Management…
- 9 Jul 2026
Are We Entering a Fully Digital Financial Economy?
By Bidemi Oke Every civilisation has been built on one invisible infrastructure. The Romans built roads. The Industrial Revolution built electricity. The Internet built information. The next economy…
- 26 Nov 2015
Stanbic IBTC Bank Launches NCR Interactive Teller Machine
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has introduced NCR interactive teller machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours…
- 5 Jan 2025
21 Bank Accounts Frozen by Abuja Court Over Alleged Money Laundering
A Federal High Court in Abuja has ordered the interim freezing of 21 bank accounts across multiple commercial banks over allegations of money laundering. Presiding judge Emeka Nwite also directed the…
- 19 Mar 2019
Google Announces Launchpad Accelerator Africa Class 3
Google has announced third Launchpad Accelerator Africa class as part of its ongoing efforts to support entrepreneurship on the continent. This third class, which starts on 1 April 2019,…
- 21 Jun 2019
Google Graduates third Cohort of Launchpad Accelerator Africa Programme, Opens Portal for fourth cohort
Google has graduated the third cohort of Launchpad Accelerator Africa on Friday, with application for fourth cohort now open in Lagos. The programme is part of Google’s ongoing efforts to…
- 18 Jun 2012
Cashless: ‘Phobia for Electronic Mode of Payment is Real’
Despite the Cashless policy of the Central Bank of Nigeria (CBN) being a good concept, phobia for electronic mode of payment is real as most people prefer the usage of the traditional/manual system…
- 25 Jun 2012
Cashless: ‘Phobia for Electronic Mode of Payment is Real’
Despite the Cashless policy of the Central Bank of Nigeria (CBN) being a good concept, phobia for electronic mode of payment is real as most people prefer the usage of the traditional/manual system…
- 16 Jun 2008
Interswitch Partners Banks on e-Payment Education
Electronic payment switching company, Interswitch is partnering with some commercial banks on its network to create awareness on how to curb the growing trend of fraud on e-payment system in the…
- 28 Sept 2009
Hi-Tech Heists Thrive as Nigeria Law Sleeps
More Nigerians would continue to lose their hard earned savings to high-tech heists unless changes are urgently made to the laws of the country, a body of experts who gathered for Nigeria Telecom…
- 23 May 2013
NiTDA Tightens Noose on Cyber Criminals
Public Key Infrastructure (PKI) implementation is critical to contain the activities of cyber criminals, Professor Cleopas Angaye, director-general, National Information Technology Development Agency…
- 15 Oct 2025
EFCC Witness Admits Arik Air Had N71Bn Bad Loan Before AMCON Takeover
A prosecution witness in the ongoing criminal trial involving the Economic and Financial Crimes Commission (EFCC) and former AMCON Managing Director, Mr Ahmed Kuru, has admitted that Arik Air Limited…
- 14 Apr 2014
Cyberoam Urges Customers to Upgrade over Heartbleed Vulnerability
The OpenSSL team, on Monday, released a critical update for their popular SSL/TLS package (OpenSSL 1.0.1g), which fixed the OpenSSL Heartbleed Vulnerability. Cyberoam, like many others also…
- 6 Mar 2025
QNET’s Push for Women’s Financial Inclusion Gains Traction Amid Global Gender Gap Concerns
As gender disparities in financial access persist, QNET, a global wellness and lifestyle direct-selling firm, is intensifying efforts to bridge the gap through entrepreneurship. In line with…
- 19 Jan 2026
NGX Gives Securties Firm 10 Days to Resolve Theft, Forgery Allegations
NGX Regulation Limited has given a 10 working-day ultimatum to Global Assets Management Limited, a securities company, to resolve the allegations of alleged forgery, theft, diversion of proceeds, and…
- 30 May 2021
Steve Babaeko, Nnadi Owanbugbe to Speak @ FCMB Flexx & Smartpreneur’s Online Business Masterclass
Leading financial services provider, First City Monument Bank (FCMB) through its Flexx Online Masterclass, will be propagating best practice systems for business planning and growth in an upcoming…