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...
The Central Bank of Nigeria (CBN) has proposed a solution to enhancing credit accessibility within the country. It suggests that banks upgrade their Automated Teller Machines...
As part of a larger effort to strengthening the banking sector in Nigeria, the Central Bank of Nigeria (CBN) recently announced the closure of 31 banks...
The Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management...
The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and...