The Nigerian banking sector has welcomed another new member with OurPass, a one-click checkout company opening shop for banking and allied services in the country....
The Central Bank of Nigeria (CBN) claims that the sale of Polaris Bank’s 100 percent equity to Strategic Capital Investment Limited followed due process. This...
There was a plethora of fraud complaints and excess charges reports to the tune of 2,432 brought against financial service brands by customers in the...
The Nigeria Deposit Insurance Corporation (NDIC), has advised Nigerians to beware of ponzi scheme operating under the guise of financial institutions. Mr Chima Onyechere, the Zonal...
By Edozie Obasi-Eze The Nigerian banking sector has been declared immune to any shock of magnitude that can negatively impact the financial system and the...
By Edozie Obasi-Eze Following the victory of the Association of Ex-Staff of Non-Consolidated Banks of Nigeria at the court on the matter of their N5.7billion...
By EdozieObasi-Eze The Nigeria Deposit Insurance Corporation (NDIC) says that its adoption of the Bridge Banks option has helped in the prevention of systemic crisis and...
ABUJA-The Central Bank of Nigeria on Monday rejected some of the proposed amendments to the Nigeria Deposit Insurance Corporation Act. The central bank insisted that some...
ABUJA-The banking sector recorded 3,756 fraud cases involving the sum of N21.79bn in the 2013 financial period, the Nigeria Deposit Insurance Corporation has said. The corporation,...