Banks

FCCPC Recovers a Whopping N10bn from Banks, Fintechs, and More in Just Six Months!
In a span of six months, the Federal Competition and Consumer Protection Commission (FCCPC) has successfully reclaimed over N10 billion on behalf of customers from...

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Politics Today
4 days ago4 days ago

In a span of six months, the Federal Competition and Consumer Protection Commission (FCCPC) has successfully reclaimed over N10 billion on behalf of customers from banks, fintech firms, and other service providers. These recoveries were prompted by numerous grievances related to poor service delivery, unauthorized charges, defective products, and misleading advertising tactics. The commission shared...

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CBN Mandates Banks and POS Operators to Complete Full Migration to ISO 20022 Payment Standard by October 31
The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem...

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Politics Today
3 weeks ago3 weeks ago

The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem complete their transition to the ISO 20022 payment messaging standard by October 31. This directive was issued through an official circular signed by Rakiya Yusuf, Director of the Payments System...

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Court Commands Six Banks to Hand Over Sowore’s Account Details to Police
court” style=”display: block; margin: 0 auto 10px; max-width: 100%;” /> Judicial Directive Compels Six Banks to Disclose Financial Records Related to Omoyele Sowore In a...

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Sports
3 weeks ago3 weeks ago

court” style=”display: block; margin: 0 auto 10px; max-width: 100%;” /> Judicial Directive Compels Six Banks to Disclose Financial Records Related to Omoyele Sowore In a recent legal development, a court has mandated six financial institutions to provide the police with detailed account information connected to Omoyele Sowore. This order is part of an ongoing investigation...

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NDPC Takes Action: Compliance Notices Sent to Banks, Insurers, Pension, and Gaming Firms
NDPC Enforces Compliance Directives on Financial and Gaming Sectors In a strategic initiative aimed at protecting consumer rights and fortifying Nigeria’s burgeoning digital economy, the...

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Politics Today
3 weeks ago3 weeks ago

NDPC Enforces Compliance Directives on Financial and Gaming Sectors In a strategic initiative aimed at protecting consumer rights and fortifying Nigeria’s burgeoning digital economy, the National Data Protection Commission (NDPC) has issued formal compliance notices to key players within the banking, insurance, pension, and gaming industries. This regulatory action underscores the commission’s commitment to ensuring...

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