The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to use multi-factor authentication for transactions with foreign-issued payment cards. The directive is...
The Central Bank of Nigeria (CBN) has told banks and other financial institutions to use multi-factor authentication for transactions with foreign-issued payment cards. This is part...
The World Bank has approved a $500 million financing package to expand access to finance for micro, small, and medium enterprises (MSMEs) in Nigeria under the...
A five-member panel of the Supreme Court, led by Justice Lawal Garba, on Friday ruled in favor of Fidelity Bank in its appeal against Sagecom Concepts...
Sterling Bank Limited has brought together stakeholders in the renewable energy industry to explore ways to accelerate action in the sector and bridge the energy gap...
The Central Bank of Nigeria (CBN) has assured that inflation rate would continue to trend downward in the country. CBN Governor, Yemi Cardoso, gave the assurance...
The House of Representatives has summoned the Central Bank of Nigeria (CBN) and major commercial banks to explain the rising wave of arbitrary and unexplained deductions...
The Federal Competition and Consumer Protection Commission has commended the Central Bank of Nigeria’s proposed directive, which mandates banks to refund customers for failed Automated Teller...
The Federal Government has moved to calm public anxiety over reports that every Nigerian must obtain a Tax Identification Number (Tax ID) before opening or maintaining...
The Central Bank of Nigeria (CBN) has unveiled a dedicated Compliance Department to enhance oversight of non-prudential risks across the nation’s financial system. This new unit...