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Banking and Finance

NDIC begins payment of over N46bn to Heritage bank depositors

THE Nigeria Deposit Insurance Corporation (NDIC) said it has started paying N46.6 billion in liquidation dividends to depositors of...
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Diamond Bank founder Pascal Dozie dies at 85

PASCAL Dozie, the founder of the defunct Diamond Bank Plc and a former chairman of MTN Nigeria, has died The...
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ISA 2025: Ponzi schemes operators to face 10 years jail term

THE Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has announced that the newly signed Investment and Securities...
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Tinubu signs Investments, Securities bill into law

PRESIDENT Bola Tinubu has signed into law the Investments and Securities Bill (ISB) 2025. The bill repeals the Investments and Securities...
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Regulatory risks loom as Nigerian banks fail to meet CBN obligations

NIGERIAN banks' aggregate Capital Adequacy Ratio, (CAR), remains below the regulatory threshold as of January this year, an official...
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UPDATED: UBA fined over N149 million by CBN for breaking rules

UNITED Bank for Africa (UBA) has been fined a total of N149.65 million for failing to comply with banking...
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