Financial technology experts have blamed corruption for the N3tn that trapped in accounts that have not been linked to the Bank Verification Numbers of their owners, and asked the Central ...
No fewer than 23 Nigerian banks received inflows amounting to N28.7 billion executed in 460,000 transactions through the Mavrodi Mondial Moneybox (MMM) Ponzi scheme within six months, the 2016 annual ...
The Central Bank of Nigeria on Tuesday said that Deposit Money Banks in the country lost a total of N2.19bn to fraudsters in the 2016 fiscal period. The figure was ...
A renewed collaboration in the fight against frauds in the banking system may have been forged between the Economic and Financial Crimes Commission (EFCC) and the Association of Chief Audit ...
A WHOPPING N24.98 billion was withdrawn from the profits 14 banks quoted on the Nigerian Stock Exchange, NSE, and transferred to the Central Bank of Nigeria, CBN, Export Stimulation Fund. ...
The National Insurance Commission (NAICOM) may release a revised priority guidelines on Risk Based Supervision (RBS) for insurance operators this week. Commissioner for Insurance, Mohammed Kari made this known to ...
Insurance and pension experts will be addressing issues on life annuity under the Contributory Pension Scheme, in view of its impact on the stakeholders. A statement from the Managing Director, ...
First Bank of Nigeria Limited has reaffirmed its leadership position in corporate governance and risk management with its re-election into the Board of Advisors of the Payment Card Industry Security ...
Sterling Bank Plc said it supported the star boxing match between Asiwaju Bola Ahmed Tinubu versus Evander Holyfield, former World Heavy Boxing Champion because it is a bank that cares ...
Acting President Yemi Osinbajo has approved the appointment of Olukayode Pitan as the managing director of the Bank of Industry (BOI). He takes over from Waheed Olagunju who was the ...