Nigerian banks in trouble as NDIC beams searchlight over rising fraud cases, huge loss portfolio
The cases of fraud are rising in the nation’s banking industry, prompting…
Concerns for banks as WhatsApp adds payment
WhatsApp has introduced payments to its messaging app in India, making it…
CBN to sanction banks, others over failure to renew licenses
The Central Bank of Nigeria, CBN, has threatened to impose N10,000 daily…
Why CBN, NCC intervened in Etisalat, banks $1.2bn loan crisis
Following the deepening crisis between Etisalat and a consortium of 13 Nigerian…
We’re interested in repayment of $1.2bn loan, not takeover Etisalat, says creditor banks
Consortium of 13 banks involved in Etisalat Nigeria loan on Thursday refuted…
Heads may roll as banks seek EFCC probe of Etisalat’s $1.2bn loan crisis
Strong indications emerged on Wednesday that a consortium of 13 banks, involved…
Senate probes Customs, banks, importers over N30trn alleged fraud in 11 years
The Senate Committee on Customs, Exercise and Tariff has commenced investigation into…
North Korea ‘hacking Nigerian banks’ to fund its nuclear programme
Nigeria has been listed among 18 countries where North Korean hackers have…
Banks may take over Etisalat over huge debt
A consortium of local banks may assume the management of Etisalat Nigeria…
For violating no-sack order, FG threatens to revoke banks, telcos’ licences
The federal government has threatened to sanction banks and telecommunication companies, which…