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United Bank for Africa (UBA) on behalf of Nigeria Inter-Bank Settlement System (NIBSS), other Banks and financial institutions, has successfully hosted the inaugural Annual General Meeting...
Nigerians will start paying for the new national identity card due to low revenue, according to National Identity Management Commission (NIMC). Dr Peter Iwegbu, head of...
Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the defunct Heritage Bank,...
NOVA Bank has announced the appointment of David Isiavwe as executive director, Operations and Information Technology, and Chinwe Iloghalu as executive director, Institutional and Commercial Banking....
Central Bank of Nigeria (CBN) has announced new regulations for processing Point of Sale (PoS) transactions across the country, directing that all POS transaction are to...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to deposit unclaimed balances and funds in dormant accounts to the apex bank accounts....
International Monetary Fund (IMF) has revealed that 56 percent of central banks or supervisory authorities do not have a national cyber strategy for their financial sectors....
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with...
Central Bank of Nigeria (CBN) has awarded the country’s second Payment Terminal Service Aggregator (PTSA) license to Unified Payments, Nigeria’s premier financial technology company, following a...
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks. NIMC said it is working...