As the world celebrates women across the globe for their contributions in all spheres of life in March, it is pertinent to recognise some amazing female...
Nigeria Deposit Insurance Corporation (NDIC) says it has paid insured sum of over N1.7 billion to customers, following the revocation of licenses of Microfinance Banks (MFBs)...
Customers of nine leading commercial banks paid N154 billion fee for using electronic banking services in the first half of the year (H1’23). Details of the...
Eleven commercial banks listed on the floor of the Nigerian Exchange, generated N72.723 billion from account maintenance charges in the half year of 2023. This is...
Nigerian banks have issued an official notice regarding an impending nationwide strike. The financial institutions have informed the public that financial services will be temporarily unavailable...
At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for...
The banking industry has so far lost N9.5 billion to electronic fraud in 2023. Meanwhile the Nigeria Electronic Fraud Forum, NeFF, has called for new measures...
The House of Representatives has urged commercial banks in the country to stop excess charges and Illegal deductions from customers. The resolution followed the adoption of...
There are indications that banks are reaping huge returns from the rising interest rate environment following Central Bank of Nigeria, CBN, inflation targeting interest rate regime....
Banks and telecommunications companies in Nigeria risk paying heavy fines in billions as the National Data Protection Commission, NDPC begins an investigation into their alleged data...
