Yemi Osinbajo, vice president, has urged banks to rethink on their method of managing risks in the sector because the use of huge bailout funds may...
Nigeria Deposit Insurance Corporation (NDIC) has said that bank managers and supervisors were involved in no fewer than 119 fraud and forgery cases in banks which...
The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 per cent when compared to the N2.37 billion lost...
Mrs Oluwatobi Bashoro, managing director/ chief executive officer, Renmoney Microfinance Bank Limited, has resigned from the bank, just 10 months after her appointment. Igbiwi Erhahon,...
Asset Management Corporation of Nigeria (AMCON) has said that chronic debtors of the corporation were occupying top government positions, adding that “these people are not role...
Nigerians are worried that the activities of fraudsters in banks across the country may have overwhelmed banking operations despite efforts at curbing them. Gen Yakubu...
Securities and Exchange Commission (SEC) has directed shareholders of defunct Skye Bank plc to claim their dividend payment. The apex capital market regulator in its...
Vice President Yemi Osinbajo has expressed confidence in the ability of the new Board and Management of the NDIC led by Mrs Ronke Sokefun whom he...
The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC)...
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve as institutions for money laundering. Shell...
