The Central Bank of Nigeria has lifted the six-week ban on onboarding new customers for Paga, moniepoint, Kuda, OPay, and PalmPay services. It should be noted...
Following the Central Bank of Nigeria (CBN) revocation of Heritage Bank Plc banking licence, the Nigeria Deposit Insurance Corporation (NDIC) has declared that the bank’s liquidation...
The Central Bank of Nigeria has terminated Heritage Bank Plc’s banking licence, effective immediately. This decision was made because to the bank’s failure to improve its...
First Bank, a Nigerian bank with a market capitalization of ₦829 billion, is pursuing legal action to recover “huge sums of money” allegedly syphoned by an...
Yesterday, the naira further crashed to N1,485.99 per dollar on the Nigerian Autonomous Foreign Exchange Market, NAFEM. According to FMDQ data, the indicative exchange rate for...