The Nigeria Inter-Bank Settlement System (NIBSS) 2023 Annual Fraud Landscape reveals an alarming trend in international fraud activities targeting Nigerian...
Read moreOnly 20% of Nigerian bank employees implicated in fraudulent activities were dismissed in 2023, indicating a lenient stance towards internal...
Read moreNigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel...
Read moreThe Central Bank of Nigeria (CBN), under Yemi Cardoso, has increased the monetary policy rate (MPR) by 600 basis points...
Read moreSome of the fintechs pointed out that the directive may have been misdirected given that most of the accounts involved...
Read moreRecent dividend announcements by major Nigerian banks have highlighted a complex interplay between shareholder returns and Central Bank of Nigeria...
Read moreThe data also shows that at the end of 2023, active bank accounts stood at 2022.6 million, meaning that about...
Read moreIn 2023, Nigeria's banking sector witnessed a substantial increase in lending activities amid interest rate hikes, reflecting both the resilience of...
Read morePoint-of-Sale (POS) transaction values witnessed a downturn in Nigeria for the first quarter of 2024, registering a N225.73 billion drop...
Read moreA letter of resignation seen by Nairametrics indicates Dr. Adesola Adedutan has resigned from his position as Managing Director of...
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