Customers who lose money to fraudsters through the mobile money-driven Unstructured Supplementary Service Data (USSD) banking will be reimbursed by their banks, the Central Bank of Nigeria...
CBN Sets 10% Limit on Banks’ Investment in Islamic Bonds The Central Bank of Nigeria (CBN) has set commercial banks’ investment in Islamic bonds issued by...
Anchor Grows Income by 23% Anchor Insurance Company Limited said it has increased its gross premium income by 23 per cent from N1.905 billion in 2014...
Broadband Penetration Now More than 20% With 30 per cent broadband penetration target by 2018, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof....
Financial and investment experts have said listed Nigerian banks are trading at huge discount relative to their emerging counterparts. The economic and financial headwinds in the...
FG Asks Lagos to Refund Billions of Naira Collected in Wharf Landing Fees The federal government has asked the Supreme Court to declare the Lagos State...
Ban on Rice Importation Remains —Customs The Nigeria Customs Service says it has not lifted its embargo on rice importation through the nation’s land borders. It...
Developer Woos Investors With Rent-to-own Scheme Previs Developments Limited says its project, Premiere Apartments, will be delivered through the rent-to-own initiative of the company known as...
Nigeria, Others Lose $1tn to Oil Price Slide Nigeria and other member countries of the Organisation of Oil Exporting Countries have in the last two years...
50 Customers Owe Banks N5.23tn Fifty customers owe commercial banks the sum of N5.23tn, representing 33.4 per cent of the total private sector credit exposure of...
