CBN Tightens Grip: Banks Face Stricter AML Compliance
In a bid to fortify Nigeria’s financial bulwark, the Central Bank of…
Local Government Autonomy: Legal Hurdles Stall Direct LGA Allocations as Account Submission Process Lags
The long-awaited implementation of local government autonomy, as mandated by the Supreme…
SERAP Calls on President Tinubu to Halt CBN’s ATM Fee Hike Amid Ongoing Court Case
The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organization, has called…
Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge
A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast…
Loan App Surge: 380 Lenders Approved, Consumer Fears Grow
The landscape of digital lending in Nigeria is undergoing a dramatic transformation,…
Consumer Credit Surge: Nigerians Borrowing Hits N4.42 Trillion
In a notable economic shift, Nigeria's consumer credit outstanding surged by a…
ICYMI: Dormant Accounts Surge, Millions in Limbo Amid CBN Scrutiny
A staggering 19.69 million bank accounts in Nigeria now lie dormant, a…
Money Supply Soars to N110.98 Trillion, Raising Inflation Concerns
The latest figures from Nigeria paint a concerning picture. The nation's broad…