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. Mr Salam-Alada...
Read moreDetailsSpeaking at the launch, Sales & Distribution Executive, MTN Nigeria, Adekunle Adebiyi said, “MTN wants every customer to benefit from the modern, connected life and it is through partnerships like...
Read moreDetailsThe Nigeria Deosit Insurance Corporation, NDIC,said yesterday it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed this at the...
Read moreDetailsDiamond Bank Plc, has gotten an offer from a major investor who is willing to inject cash by increasing its stake that would enable the tier two lender boost its...
Read moreDetailsThe Nigeria Deposit Insurance Corporation (NDIC) has said the takeover of the defunct Skye Bank PLC has been able to save more than 6,000 jobs and over NN949.60 billion in...
Read moreDetailsNo fewer than 34 Primary Mortgage Banks (PMB) have been licensed by the Central Bank of Nigeria (CBN) to operate in the country. While 50 per cent of the banks...
Read moreDetailsFidelity Bank Plc has released its results for the third quarter ended September 30, 2018. Here are key highlights of the results. Gross Earnings Gross Earnings increased N130 billion in 2017 to...
Read moreDetailsDeputy central bank governor Elsie Awadzi told Reuters in Accra that the central bank was also considering barring culpable directors from operating in the Ghanaian financial sector. “We are working...
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