Banking

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NCC Partners CBN To Fight e-Banking Fraud

As a result of the high rate of e-banking fraud in Nigeria, the Nigerian Communications Commission (NCC) has collaborated with the Central Bank of Nigeria...

CBN Reviews Stringent Criteria For Accessing MSMEs Funds

The Central Bank of Nigeria has expressed concern that “not a penny” of the N26 billion Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS)...

FOREX LIQUIDITY: CBN Injects Fresh $210 Million

By 'Dotun Akintomide The apex bank Wednesday said it had injected $210 million sustain liquidity in the forex market. According to the Acting Director, Corporate Communications...

Bitcoin Breaks $10,000 Mark

Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking  through the $10,000 barrier for the first, a record of over 900 per cent...

Bank Directors Account For Most Non-Performing Loans – NDIC

Nigerian Deposit Insurance Corporation has disclosed that from its examinations, most of the non-performing loans by the deposit money banks are insiders loan availed...

We ‘ll Soon Dump ATM Code For BVN Biometrics, Says CBN

The Central Bank of Nigeria (CBN) has disclosed that with the Bank Verification Number (BVN) in place, biometrics will soon be used for transactions...

FG Moves To Seize Accounts Without BVN

Justice Nnamdi Dimgba of the Federal High Court in Abuja  has granted a request by Attorney General of the Federation, Abubakar Malami, for a...

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