Finance & Banking

CBN Sacks 200 Employees In Latest Restructuring Move

CBN Sacks 200 Employees In Latest Restructuring Move   The recent restructuring at the Central Bank of Nigeria (CBN) has resulted in the termination of approximately...

CBN withdraws circular on cybersecurity levy

The Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit the cybersecurity levy as...

Zenith Bank appoints Adamu Lawani and Louis Odom as executive directors

The Board of Directors of Zenith Bank Plc has announced the appointments of Mr. Adamu Saliu Lawani and Mr. Louis Odom as Executive Directors...

Why Nigerian fintech firms are facing regulatory issues – AFN president

President of the Africa Fintech Network (AFN), Dr. Segun Aina, has said that some of the regulatory issues facing fintechs in Nigeria are due...

NDIC raises deposit insurance coverage for bank customers in Nigeria to N5 million

The Nigeria Deposit Insurance Corporation (NDIC) has announced a substantial increase in the maximum deposit insurance coverage levels across various banks.   Effective immediately, the new...

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