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Fraud Losses Suffered by Nigerian Banks Decreased by 77.62% in Q1 2024 – FITC
Financial fraud losses at Nigerian banks decreased significantly in the first quarter of this year, with losses falling by 77.62% from the same period...
Banks’ Weekly Borrowing from CBN Climbs to N5.38 Trillion on Liquidity Needs
In the first five days of July 2024, Deposit Money Banks' borrowing from the Central Bank of Nigeria (CBN) reached an all-time high of...
NEM Insurance Shareholders Approve N3.009 Billion Dividend for 2023
The Board of Directors' suggested dividend of N3.009 billion for the 2023 fiscal year has been approved by NEM Insurance Plc's shareholders.
The 54th Annual...
NAFDAC Invests More Than N6Billion to Increase Nigerian Pharma Exports
Director Mojisola Adeyeye of the National Agency for Food and Drugs Administration and Control (NAFDAC) stated that the organisation has spent more than N6...
CBN Criticises Binance for Offering Banking Services in Nigeria Using the Naira P2P Functionality
The Binance cryptocurrency platform has come under fire from the Central Bank of Nigeria (CBN) for allowing unauthorised deposits and withdrawals on its platform...
