Friday, May 24, 2024

 

banks

PalmPay Recovers $677m For Customers, As Banks’ Fraud Jumps 277% In Q2

As electronic payment platforms gain traction, the need for consumers to be conscious of their online security becomes paramount. Recent data highlights a surge in Nigerians adopting electronic platforms for day-to-day transactions. According to a recent report by the Financial Institutions...

CBN Threatens To Withdraw Banks’ Forex License Over Diaspora Remittance

The Central Bank of Nigeria, CBN, yesterday, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, to violate its directive that beneficiaries of diaspora remittances should be paid in currency...

Power Firms Owe Banks N820bn, Sector’s Problems Persist

The debt owed to Nigerian banks by operators in the power sector rose by 11.85 per cent in one year to N819.97bn in August this year amid the lingering problems plaguing the sector since it was privatised over eight...
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Latest News

Interswitch Sues Access, UBA, Zenith, GTbank, 50 Other Banks Over N3.3bn Lost To Hackers

One of the Nigeria payment platforms, Interswitch Limited, is currently battling to recover  a whooping sum of N33, 792,...
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Banire, Etomi Task Technocrats In Public Offices On Probity, Accountability

 Muiz Banire A former Chairman of the Asset Management Corporation of Nigeria (AMCON), Dr. Muiz Banire (SAN) has called on technocrats in the public service...

Abiodun Douses Tension Over  BTA Differentials For Ogun Muslim Pilgrims

Ogun State Governor, Prince Dapo Abiodun, has doused the  palpable tension among  Ogun State Muslim  Pilgrims by ameliorating  the shortfall in their Basic Travel...

Banire, Lagos AG, Adegboruwa, Others To Grace  NAJUC Lecture Tomorrow

Muiz Banire The Lagos State Attorney-General and Commissioner for Justice, Lawal Pedro (SAN), and a former Chairman of the Asset Management Corporation of Nigeria (AMCON),...

Gov. Abiodun Harps On Judicious Use Of Public Funds …says accountability transparency, key to good govenance

Cross Section of Participants at the retreat   Ogun State Governor Prince Dapo Abiodun said his administration will continue to ensure probity and judicious spending of...