NDIC winding down failed microfinance banks as it begins final phase of closing 89 defunct MFBs and PMBs across Nigeria
CBN grants BDC FX access with a $150,000 weekly cap and strict KYC, reporting and settlement rules to boost liquidity and oversight
POS fraud surge in Nigeria raises national security risks, with lawmakers calling for urgent reforms to protect consumers and stabilise fintech operations
SEC says Nigerians have lost ₦316bn to Ponzi schemes, warning that greed, ignorance, and poor due diligence fuel rising investment fraud
The Federal High Court in Lagos will begin the Cititrust money laundering trial on July 1, with EFCC prosecuting for banking and investment offences
The sudden collapse of digital asset platform CBEX has devastated thousands of Nigerians, with reported losses exceeding ₦1.3 trillion in a suspected cryptocurrency scam The...
