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Capital market operators should be bracing up for recapitalisation programme as indications emerged that the Securities and Exchange Commission (SEC) may introduce new minimum capital requirements.
The Nigeria Deposit Insurance Corporation (NDIC) has warned financial technology (Fintech) operators against disclosing their customers’ financial details without appropriate permission.
The Deputy Governor, Corporate Services of the Central Bank of Nigeria, Edward Lamatek Adamu has revealed that the plethora of economic interventions of the apex bank have saved the federal government about N1.3 trillion via import bills.
As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.
Mr Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN) has said electronic fraud losses in the banking system are projected to reach N6.1 trillion by 2021.
The Central Bank of Nigeria (CBN) has urged media practitioners to collaborate with financial regulators in the country to educate depositors on financial literacy and inclusion. The Head, Financial Inclusion Secretariat, CBN, Mrs Temitope Akin-Fadeyi...
The Executive Director of Bank of Industry (BoI), Corporate Services, Tobin Jonathan, has revealed that the bank has disbursed a total of N81 billion loans last year out of a financing gap estimated at $800 million,
The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are interested in non-oil exports, according to its governor, Mr Godwin Emefiele.
The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN.
Recall that President Muhammadu Buhari in a nationwide broadcast on Sunday ordered a total lockdown in Abuja, Lagos and Ogun State as a proactive measure to contain the spread of the deadly novel coronavirus in Nigeria.
Uber is ramping up its response to the COVID-19 pandemic, pledging 10 million free rides and food deliveries for health care workers, senior citizens, and others affected by the outbreak.
Nigeria will be able to test up to 1000 suspected cases of coronavirus by the end of this week, the NCDC has said.
Nigeria Centre for Disease Control (NCDC), on Tuesday, has announced four more new cases of coronavirus (COVID-19), making the number of confirmed cases in Nigeria rise to 139.
Abdisalan Hassan Hersi, governor of the Nugaal region in northeastern Somalia has been killed in a suicide bomb blast claimed by the al-Shabab armed group, police said on Monday.
Real Madrid have announced their intention to set up the Santiago Bernabeu stadium as a hub for storing medical supplies, and for organisations and businesses to make monetary or material donations in the ongoing fight against the coronavirus pandemic.
Bayelsa State government has announced further measures to check the coronavirus pandemic, imposing a travel restriction from 7pm to 7am with effect from Saturday.
For fear of possible lockdown due to COVID-19 pandemic, Ibadan residents, on Wednesday, trooped to markets in the metropolis to stock up foodstuffs.
Residents of Imo State are presently gripped with fear over the mysterious death of the owner of Fancy Hotel, Umugwuma, Owerri, Mr Christogonus Aguwa Osuagwu, in Abuja on Monday.
The United States has registered more than 1,000 COVID-19 deaths as the country confirmed more than 69,000 cases.