The Central Bank of Nigeria (CBN) has announced plans to introduce a new regulatory framework aimed at easing debit card issuance and Automated Teller Machine operations...
The Economic and Financial Crimes Commission (EFCC) has called for suspension and prosecution of deposit banks, Fintechs and micro finance banks aiding and abetting fraudsters in...
The Federal Competition and Consumer Protection Commission, FCCPC, has commenced a phased implementation of enforcement measures in respect of Digital Money Lending, DML, operators. A statement...
With barely eleven weeks to the Central Bank of Nigeria’s (CBN) recapitalisation deadline, fourteen banks are yet to meet the requirement. This comes as DAILY POST...
Financial institutions will start charging senders a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026, following the implementation of the...
OMIYE/AGM Omiye Microfinance Bank Limited has held its Annual General Meeting (AGM) for the 2024 financial year. The event was held on at the Onward Hotel,...
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...