ABUJA – Dermalog, the company which the Central Bank of Nigeria (CBN) gave the nod to install a biometric payment system for Nigerian banks is bankrupt,...
NEW YORK – A New York state judge approved most of an $8.5 billion settlement between Bank of America Corp. BAC -0.20% and investors over soured...
MADRID — Three of Spain’s biggest banks reported earnings Friday showing that despite their cleaner, leaner balance sheets and an improving domestic economy they are still...
WASHINGTON – The United States government has increased the amount in penalties it is seeking from Bank of America Corp. to $2.1 billion over a loan-production...
ABUJA – Mr Bala Ka’Oje, President, Association of Professional Bodies of Nigeria (APBN), on Thursday in an interview with newsmen in Lagos urged the CBN to...
LAGOS – The Lagos State Internal Revenue Service has shut down seven companies for failing to remit about N58.8 million personal income taxes of workers to...
LAGOS – Ecobank Nigeria has unveiled card 4 prizes promo being part of efforts in promoting the use of alternative payment channels by customers and also...
ABUJA – The Central Bank of Nigeria has removed the $250,000 weekly foreign exchange sales limit placed on bureaux de change operators in the country, according...
ABUJA – Nigerian banks may need to boost capital levels by up to N360 billion this year, to meet tougher international rules set by the Basel...
NEW DELHI — NTPC Ltd. , India’s biggest power company by capacity, has signed two pacts with Japan Bank for International Cooperation to borrow $430 million...