Court freezes Bauchi Govt’s accounts over N1.5bn debt

Justice Chukwujekwu Aneke of the Federal High Court, in Lagos, will on November 3, 2021, decide…

Afreximbank supports Ethiopian banks with $500m

The African Export-Import Bank, Afreximbank, is providing US$500 Million to support Ethiopian commercial banks through the…

Orama lauds Rwanda on FEDA

The Republic of Rwanda has ratified the Agreement for the Establishment of the Fund for Export…

CBN pegs transfer limits as e-Naira takes off October 1

The Central Bank of Nigeria has set an initial transaction limit of N50,000 for non- account…

CBN releases framework to curb cyber crimes

The Central Bank of Nigeria, CBN, has released a ¬†framework to protect Other Financial Institutions (OFIs)…

Afrexim Bank offers NNPC $1bn for Dangote refinery equity

The Nigerian National Petroleum Corporation, NNPC, is looking in the direction of Afrexim Bank to borrow…

Atuche bags 126 year jail term over N26bn fraud

An Ikeja High Court has sentenced a former managing director of the defunct BankPHB, Mr Francis…

El-Salvador gives legal teeth to Bitcoin as legal tender

El Salvador has become the first country in the world to adopt bitcoin as a legal…

EFCC demands asset forms of banks managers

The Economic and Financial Crimes Commission, EFCC, has asked all Managing Directors of banks, their deputies…

Banks tax customers N6.98 per USSD transaction

Nigerian banks are now charging customers N6.98 per transaction using USSD services. USSD is a critical…