A lot of mischief is going on in the banking sub-sector of Nigeria’s financial ecosystem since the Central Bank of Nigeria (CBN), on June 3,...
The apex bank in Nigeria, the Central Bank of Nigeria (CBN), has refuted speculations that it is set to revoke the operational licenses of Polaris Bank,...
Three months ago, specifically on February 19, 2024, www.theoctopusnews.com reported exclusively that the apex bank in Nigeria, Central Bank of Nigeria (CBN) would either merge Heritage...
The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to a former...
Stanbic IBTC has been identified as one of the banks that lead as far as insider loans is concerned. A report spanning five years which...
The liquidity shortfall crisis that has bedeviled Heritage Bank for years is set to hit it’s crescendo with the new capital base requirements for banks announced...
Nigeria’s President, Bola Tinubu, has received the final and comprehensive report of the Special Investigator of the Central Bank of Nigeria (CBN) and other related entities,...
There are reports that the Central Bank of Nigeria (CBN) is set to dismiss 19 of its directors. The dismissal set to happen in days, follow...
After days of intense collaboration, innovation, and problem-solving, three teams – Team Within, Team X, and Team Storepoint – emerged winners in the inaugural Take-on-Squad Hackathon...
Senate President, Senator Godswill Akpabio has blamed the economic chaos in the country on former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Akpabio...
The long-held industry belief that stronger IT investments lead to reduced fraud exposure appears to be under pressure...
