The Chief Executive Officer (CEO) of the Nigeria Financial Intelligence Unit (NFIU), Moddibo Hamnan Tukur, said the agency tracked and reversed $1.5 million fraudulent transactions by...

The Lagos Chamber of Commerce & Industry (LCCI) has condemned the clampdown on car shops suspected to be harbouring smuggled vehicles by the Nigerian Customs Service...

In recognition of its leading role at providing bespoke financial services to its customers and the public in general, First Bank of Nigeria Limited has...
United Bank for Africa Plc (UBA) has reported a 32.3% increase in its profit after tax for the period ended 30 September 2019. This was disclosed...

The Central Bank of Nigeria (CBN), says the closure of Nigeria’s land border will boost local production as well attracting foreign direct investment (FDI) into the...

The Governor of Central Bank of Nigeria, Godwin Emefiele has said that the Nigerian banking sector is strong in spite of the fact that some banks...

The vice president, Prof Yemi Osinbajo has urged banks to rethink on their method of managing risks in the sector because the use of huge bailout...

MTN Nigeria says it has not started charging its subscribers for bank transactions done via unstructured supplementary service data (USSD). The USSD allows banks’ customers access...

The body of Nigerian Bank Chief Executive Officers, CEOs, has reacted to report that banks directed MTN Nigeria Communication Plc to start charging customers for USSD...

Customers of telecommunication company, Airtel Africa, will soon be able to request for loan from Ecobank after the network provider and the lender reached an...