The Nigerian Inter-Bank Settlement System, on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Managing Director,...
The acting chairman of the EFCC on Tuesday said some Nigerian banks are on the verge of collapse because of activities of some customers. A statement...
Artificial Intelligence workers in a state-owned bank in China are now running entire banking operations with no help from humans. The robots can help customers open...
Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to get...
By Chioma Obinagwam The United Labour Congress (ULC) has warned that it would get tough on banks that are in the habit of enslaving Nigerian workers....
Financial experts in the country have disagreed with Global rating agency, Fitch, that most Nigerian banks are undercapitalized following the persistent macroeconomic and currency challenges that...
to provide additional funding for medical, school fees The Central Bank of Nigeria has directed banks in the country to open Foreign Exchange outlets to sell...
…as Nigeria sovereign yields near 20% for offshore investors to bite Economic challenges confronting Nigeria may assume more disturbing dimensions as the Consumer Price Index (CPI)...
By Odunewu Segun Nigerian banks in collaboration with the Nigeria Interbank Settlement System (NIBSS) in 2015 have paid out almost N400 million in incentives to promote...
THE Central Bank of Nigeria has said it has no plans to restrict dollar supplies to interbank foreign exchange market. Deputy Governor of CBN, Sarah Alade...
