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Federal High Court sitting in Lagos has held that a Central Bank of Nigeria (CBN) regulation, which requires financial institutions to demand and collect the social...
Central Bank of Nigeria (CBN) has reportedly banned Paystack and other non-bank financial institutions in Nigeria from providing the Bank Verification Number validation (BVN) service. According...
Banks in Nigeria in Nigeria have started informing customers that they can no longer make instant online transfers out of their domiciliary accounts without proper documentation...
Central Bank of Nigeria (CBN) has urged the Deposit Money Banks (DMBs) to allow zero balance for the opening of new accounts, as part of the...
Federal government on Friday apologised for asking all account holders in financial institutions in the country to re-register their personal details. Recall that the federal government...
Lagos zonal office of the Economic and Financial Crimes Commission (EFCC), has commenced investigations of a suspected fraudster for concealing 2,886 Automated Teller Machine (ATM) cards...
Central Bank of Nigeria (CBN) through the bankers committee has said it will introduce a reduced verification requirement of name and phone number to onboard the...
Nigerian Communications Commission (NCC), is working with the National Assembly to criminalise mobile phones sim card infractions, according to Mr Efosa Idehen, director, Compliance, Monitoring and...
By peter oluka As technocrats and private sector leaders celebrate Nigeria’s 145th position on the World Bank’s Ease of Doing Business Report for 2018, the Nigerian...
By peter oluka Seamfix, Nigeria’s leading provider of identity management solutions, has announced plans to unveil an innovative data management solution to the Nigerian market. The...