Finance
Central Bank of Nigeria Bans Fintechs from Onboarding New Customers, Bank Customers Express Concerns
Bank customers in Nigeria are expressing panic following the Central Bank of Nigeria's (CBN) directive banning mobile money operators and fintech firms from onboarding new customers. While the Bank Customers…
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Soludo Receives New GOC of 82 Division, Commends Nigerian Army’s Sacrifices
Amawbia, Anambra State – Governor Chukwuma Soludo has welcomed the newly appointed General Officer Commanding…
Gov’t Moves To End Era of Power Blackout; Undertakes Resuscitation, Upgrade Of Power Substation At COOU, Igbariam
Chidiebele Obika | I-Witness News The Anambra state government through the ministry of Power and…
Spotify Reports 626% Surge in Heartbreak Song Streams in Nigeria
Spotify has revealed a dramatic increase in the streaming of heartbreak songs in Nigeria during…
Youth Farmers: Agric Commissioner Inaugurates ACYF Forum
Anulika Ekweozor-Udegbunam | I-Witness News The Honourable Commissioner for Agriculture in Anambra state, Dr. Foster…
Lasted Finance
Nigeria’s Bank Verification Numbers Reach 64.8 Million in January 2025
The total number of Bank Verification Numbers (BVN) issued in Nigeria has reached 64.8 million as of January 2025, reflecting…
CBN Warns Banks Against Cash Hoarding, Sets Penalties for Violations
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) against hoarding and diverting…
Nigeria’s FX Market Faces Persistent Challenges Despite CBN Measures, Says Fitch
Despite multiple interventions by the Central Bank of Nigeria (CBN) to stabilize the foreign exchange market, Fitch Ratings has flagged…
Senate Passes Bill to Strengthen NDIC’s Role in Protecting Depositors and Enhancing Financial Stability
The Nigerian Senate has passed the "Nigeria Deposit Insurance Corporation Act No 33 of 2023," a bill aimed at bolstering…
Access Bank Postpones Planned System Upgrade Scheduled for October 12
Access Bank has announced the postponement of its planned system upgrade, which was originally set to commence on Saturday, October…
UAE Leads Global Cryptocurrency Ownership, Vietnam and US Follow Closely
A recent study has ranked the United Arab Emirates (UAE) as the global leader in cryptocurrency ownership, according to a…
CBN Governor Warns of Fraud Risk in Dormant Bank Accounts
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has highlighted the vulnerability of dormant bank accounts to…
CBN Orders Transfer of Dormant Account Funds to Central Bank
The Central Bank of Nigeria (CBN) has issued a directive for all banks and financial institutions to transfer funds from…