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The Association of Bureau De Change Operators of Nigeria (ABCON), says it has taken measures to ensure that its members imbibe the culture of transparency in transactions and corporate governance.
Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017.
The House of Representatives has ordered an investigation into the N20tn said to have been collected as stamp duty between April 2013 and March 2017, but which was not remitted to the Consolidated Revenue Fund of the Federation.
The deadline for customers of Microfinance Banks (MfBs) and Other Financial Institutions (OFIs) without Bank Verification Number (BVN) linked to their accounts has elapsed today, January 1,2018.
The National Bureau of Statistics (NBS) says 213.69 million transactions valued at N19.33 trillion are recorded in the third quarter as data on Electronic Payment Channels in the banking sector.
The group spans across Identity Management, Biometric Solution Platforms; Business Process Outsourcing Services; Electronic and Card Payment Systems; Mobile Payments; ATM sales, deployment and support; POS deployment and support.
Followinmg the 14 days given banks by the a Federal High Court in Abuja on October 17, 2017 on the release of bank accounts without Bank Verification Numbers (BVN), customers who were yet to comply have been doing so as the number of BVN issued has risen to 30.655 million.
The Central Bank of Nigeria (CBN) has directed banks to establish a database of their customers identified through their Bank Verification Numbers (BVNs) to be involved in confirmed fraudulent activities.
A Coalition of Accredited Domestic Election Observers for Kogi governorship election has advised the Independent National Electoral Commission (INEC) to create more polling units across the country.
Liverpool manager Juergen Klopp faces an anxious wait over the fitness of forward Mohamed Salah as the Premier League leaders prepare for a trip to Crystal Palace on Saturday.
Economic and Financial Crimes Commission (EFCC) is currently drilling a former member of the Kwara state House of Assembly Hon Moshood Bakare and ex-chairman of the state Internal Revenue Service (KWIRS) Prof Muritala Awodun, over the alleged missing KWIRS five billion Naira money.
President Muhammadu Buhari will arrive Jos, the Plateau State capital for a two-day meeting with governors elected on the platform of the All Progressives Congress.
The House of Representatives member representing Nembe/Brass Federal Constituency, Hon Israel Sunny-Goli, has advised Governor Henry Seriake Dickson to be a good sportsman and accept the defeat suffered by the Peoples Democratic Party (PDP) in the November 16 governorship election in Bayelsa State.
The Ikosi-Isheri Local Council Development Area, Lagos State, has said the Ketu Fruits Market was demolished because hoodlums and robbers used the facility as their hideout.
The Social Democratic Party, SDP, governorship candidate in Kogi State, Natasha Akpoti, has accused soldiers of electoral malpractice.
The Federal High Court, Abuja, on Friday, adjourned the hearing on the application for bail variation of James Nolan, a Briton, until Nov. 27.
The House of Representatives has summoned heads of relevant security agencies, over fresh attacks on some communities in Zamfara State.
The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday, approved additional investment of $250 million into the Nigeria Sovereign Investment Authority (NSIA).