Banking & Finance
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95Govt to Integrate Remitta into New System –OAGF
The Office of the Accountant-General of the Federation has clarified that the Federal Government has not abandoned Remitta as its approved Central...
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108CBN Reinforces Regulations to Strengthen Financial System
The Central Bank of Nigeria has reinforced its regulatory oversight to bolster the resilience and transparency of the country’s financial system, reaffirming...
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164Our Target is to Liquidate Failed Banks Without Litigation –NDIC
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan said the target of the corporation is to continue the...
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75Nigeria’s Banking Fraud Tripled From ₦11bn to ₦52bn in 4yrs –NIBSS
Fraud transactions in Nigeria’s banking system have tripled over the past four years from N11 billion to N52 billion, statistics from the...
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102World Bank Approves $2.2b Fresh Loans for Nigeria
The federal government is expected to receive fresh loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based...
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117Banks‘ll be Liable for Failure to Protect Customers Data –FCCPC
In bid to strengthen compliance as well as protect consumers’ rights, the Federal Competition and Consumer Protection Commission (FCCPC) at the Weekend...
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83
Currency in Circulation Hits Record High of ₦5.24tr, Now 90.4% of Cash Outside Banks
The total currency in circulation in Nigeria surged to an all-time high of N5.24 trillion in January 2025, marking a 43.5 per...
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156NDIC Charges External Solicitors on Debt Recovery
The Nigeria Deposit Insurance Corporation has charged its external solicitors to be diligent in aiding the corporation to achieve its mandate of...
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109CBN Probes 19.7 million Dormant Bank Accounts
The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the...
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42Money Supply Hits ₦110.9tr as MPC Meets
Nigeria’s broad money supply (M3) rose to N110.98tn in January 2025, representing a 17.3 per cent year-on-year increase from N94.61tn recorded in...
