Business

Banks lost N264.5bn to fraudsters in 45 months – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has said Nigerian banks lost over N264.5 billion to fraudsters between 2017 and September 2020. NDIC’s executive director, corporate services, Mrs. Omotola Abiola-Edewor, stated this at the Corporation’s 2021 annual capacity building programme for law enforcement agencies in Lagos. According to her records, the amount involved …

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Brandishing Stanbic IBTC’s Impressive Gender Equity Scorecard

Recently, Stanbic IBTC Holdings PLC announced the promotions of several of its women to top executive roles across the Stanbic IBTC Group. These included the promotions of Wunmi Ehis-Uzenabor as Executive Director, Operations, Stanbic IBTC Asset Management; Busola Jejelowo as Executive Director, Investments, Stanbic IBTC Asset Management; Emi Agaba-Oloja, Executive …

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Fidelity Bank Reaffirms Support For CBN’s New FX Policy Push, Targets Improved Diaspora Remittance Inflows

Fidelity Bank Plc, a leading Nigerian bank has restated its readiness to continually support the Central Bank of Nigeria’s (CBN) efforts to engender sustainable economic development by significantly improving diaspora remittances and foreign exchange (FX) inflows into the country. Fidelity Bank CEO, Mrs. Nneka Onyeali-Ikpe who made this known on Saturday …

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UBA Reimagines Digital Banking, Gives Customers More Control, Convenience with new Mobile App

Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility to …

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