BoFIA
20 Aug
In the digital era, the widespread occurrence of fake alerts significantly impacts both consumers and financial institutions. These deceptive communications, often posing as harmless emails, SMS messages, or phone calls, are designed to trick recipients.
30 Nov 2023
There are indications that the Central Bank of Nigeria (CBN) has discreetly redeployed top officials in the apex bank as part of moves to reinvigorate the institution.
Latest
2 mins ago
Former President Olusegun Obasanjo has revealed that an attempt to embrace smoking as a young man could have led him down a destructive path, stating, "I could have become addicted." Obasanjo made the disclosure on Sunday during the Fly Above The High anti-drug campaign conference held in Abeokuta, Ogun State. Obasanjo, who admitted he once…
24 mins ago
Elder statesman Chief Edwin Clark has accused former President Muhammadu Buhari of oppressing and humiliating Justice Walter Onnoghen, the former Chief Justice of Nigeria (CJN), as part of a calculated move to secure re-election in 2019. Clark alleged that Buhari, in collaboration with his then Attorney-General of the Federation and Minister of Justice, Abubakar Malami…
31 mins ago
The United Nations (UN) Climate Change Conference (COP29) that brought together nearly 200 countries in Baku, Azerbaijan, closed yesterday with a new financial goal to help countries protect their people and economies against climate disasters
37 mins ago
With the headline inflation heading up again after a short-lived breather ahead of Christmas spending as well as the renewed pressure on the naira, the Monetary Policy Committee (MPC) appears set to announce another interest rate hike when it wraps up its meeting tomorrow.
48 mins ago
Bishop of the Catholic Diocese of Sokoto Matthew Kukah has said that Nigeria’s presidents since independence, except President Bola Tinubu, assumed office by accident. Nevertheless, he lamented that the country still suffers despite Tinubu..
51 mins ago
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the country’s decision to remove the petrol subsidy and adopt market-based pricing for foreign exchange has saved the nation an estimated $20 billion.
55 mins ago
Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu, at the weekend, revealed that the commission had tracked over 5,000 uncompleted projects since 2019 valued at N74 billion.
56 mins ago
To ease the burden of fuel costs as the year winds up, Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, by N20 from N990 per litre to N970.
1 hour ago
The Bank of Industry (BoI) said it had disbursed about N107 billion to over 1.5 million small and medium-scale enterprises (SMEs), a figure it originally hoped to cover this year.
2 hours ago
Following economic headwinds that continued to paralyse business activities, many international and local employers have begun to reduce their office space, increasing vacancy rates in the commercial real estate market.