Central Bank of Nigeria (CBN), is about to probe and sanction Deposit Money Banks (DMBs), that are currently sabotaging government’s effort to halt the free fall...
A phony bank alert fraud can have serious financial and emotional consequences, according to a report by howng.com, a veritable online news platform. Victims may suffer...
A Lagos Federal High Court has ordered First Bank of Nigeria (FBN) Plc to pay the sum of N2,937,925,388.52 billion, to the Federal Airports Authority of...
Central Bank of Nigeria (CBN) has said it will monitor the level of compliance by Deposit Money Banks (DMBs) in accordance with its recently issued circular...
House of Representatives yesterday mandated its Committee on Banking Regulation to investigate the use of the United States dollar and other foreign currencies as legal tender...
Central Bank of Nigeria (CBN) last week debited commercial banks over N700 billion (as surveyed), speculatively based on Lending Deposit Rate (LDR) guidelines, which depleted liquidity....
Mr Bello Hassan, managing director, Nigeria Deposit Insurance Corporation (NDIC), has said it has paid about N1.084 billion to 29,573 depositors of recently-closed microfinance banks and...
Gbenga Adebayo, chairman, Association of Licenced Telecommunications Operators of Nigeria (ALTON), has said that the umbrella body for telecoms operators in Nigeria is yet to agree...
MTN Nigeria, leading telecommunications firm has recorded a 29.1 per cent decline in its net profit for the first half of 2023, largely due to the...
Central Bank of Nigeria (CBN) has exempted Microfinance Banks (MfBs) and Primary Mortgage Banks (PMBs) from the cash withdrawal limit policy compliance. In a circular to...
