Nigeria Inter-Bank Settlement System Plc (NIBSS), incorporated and owned by all licensed banks including the Central Bank of Nigeria (CBN).), in partnership with all financial service...
Banks in the country lost over N5 billion to fraudsters within a nine-month period in 2020, according to Nigeria Deposit Insurance Corporation (NDIC). Mrs Omotola Abiola-Edewor,...
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has said that over N5bn was lost to fraudulent activities in the Nigeria Banking sector from January to September...
Central Bank of Nigeria (CBN) has advised all Deposit Money Banks (DMBs) accredited Cheque Printers/Personalisers, and the Nigeria Interbank Settlement System (NIBSS), to enlighten their customers...
The new enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose by 1.7 million in the last two months bringing...
National Information Technology Development Agency (NITDA) has said that Nigeria plans to generate over six billion dollars through blockchain technology by 2030. Mr. Kashifu Inuwa, director-general,...
First Bank of Nigeria Limited has said that it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr....
First Bank of Nigeria Limited, has announced that the 2020 edition of its annual FinTech Summit will hold next Thursday virtually through Zoom meetings. The 2020...
Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable banks to debit account of loan defaulters without recourse to...
Bank customers in the country abandoned 2.6million accounts between March and May this year, according to the “Industry Customer Bank Account Data” for the months of...