The Federal Government, through the National Data Protection Commission (NDPC), has imposed a hefty fine of N555.8 million on Fidelity Bank for violating customer data protection...
The Naira took a significant hit in the foreign exchange market, dropping by N27.58 against the dollar between Monday and Tuesday, according to FMDQ data. The...
Currency traders have linked the ongoing depreciation of the naira and fluctuations in the forex market to inconsistent dollar allocations to Bureau De Change (BDC) operators...
Tony Elumelu, the Chairman of United Bank for Africa (UBA), has officially launched Ucee Microfinance Bank (MFB), a new subsidiary of Africa’s leading investment bank and...
The Naira depreciated to N1,600 per dollar in the parallel market yesterday, down from N1,590 per dollar over the weekend. However, in the Nigerian Autonomous Foreign...
Guaranty Trust Bank (GTBank) has confirmed an attempted compromise of its website domain, following reports that hackers had allegedly seized and cloned the bank’s site to...
Suspected cybercriminals have compromised the domain address of Nigeria’s banking giant GTBank, rendering the website inaccessible since Wednesday night, according to multiple reports. The breach comes...
The Nigerian Bar Association Section on Public Interest and Development Law (NBA-SPIDEL) has called on Access Bank to reverse an unauthorized withdrawal of N10 million from...
Nigerian airline Azman Air has temporarily suspended its operations, directing all staff members to take compulsory leave without pay. Nurudeen Aliyu, the Public Relations Officer of...
A Federal High Court in Lagos has rejected the pleas of two Indian nationals, Prem Garg and Devashish Garg, and a British citizen, Marcus Wade, to...