The Nigerian Deposit Insurance Corporation (NDIC) has revealed it will pay a maximum of N5 million to each depositor in Heritage Bank, following the bank’s licence...
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement by the Ag. Director, Corporate Communications of...
Special Adviser to the Chairman Senate Committee on Banking, Insurance and Other Financial Institutions, Prof Uche Uwaleke, has said that the National Assembly has no plans to...
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint, will resume the enrolment...
The Central Bank of Nigeria (CBN) has officially withdrawn the directive earlier given to banks to enact the process of deduction of cyber security levy to...
Following the controversy surrounding the proposed cybersecurity levy, the National Association Of Nigerian Students, NANS, has called on the Central Bank of Nigeria, CBN, to sensitize...
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs...
Nigerian deposit money banks will now start charging 0.5% cybersecurity levy on transactions according to the Central Bank. This was contained in a circular dated May...
The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms. The Director General of the Securities and Exchange Commission, Emomotimi Agama,...
The Naira ended the week by appreciating marginally against the dollar in the official and parallel foreign exchange markets. FMDQ data at the close of Friday...