In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the ... own money shouldn’t come with a penalty,” said Obinna Ukachukwu ...

What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her ...

After months of quietly enduring Nigeria’s three-pronged legal prosecution, Binance finally made a move. On Monday, the crypto exchange urged a Nigerian court to invalidate a staggering $81 billion ...

“We believe access to your own money shouldn’t come with a penalty,” said Obinna Ukachukwu ... “We’re not yet the biggest bank in Nigeria, but we’ve been the boldest,” Ukachukwu ...

Some Nigerian banks are reeling from a massive system glitch that has left them vulnerable to unauthorized withdrawals ...

The Reserve Bank on Wednesday (March 26, 2025) said it has imposed penalties on HDFC Bank and Punjab & Sind Bank for deficiencies in regulatory compliance. A penalty of ₹75 lakh on HDFC Bank has ...

A penalty of Rs 75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement. In another statement ...

The Reserve Bank of India (RBI) has imposed ₹5 lakh penalty on the South Canara District Central Cooperative (SCDCC) Bank in connection with issuing loans to its directors in contravention of ...

Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...

RBI imposed a monetary penalty of ₹75 lakh on HDFC Bank over non-compliance with KYC norms. The RBI had also conducted a statutory ‘Inspection for Supervisory Evaluation’ of the bank ...

Nigeria’s oldest surviving indigenous bank, Wema Bank Plc, has weathered the turbulence for eight decades and remained a reference point in dynamism and resilience. Ekaette Bassey retraces the ...

The penalties slapped on the companies over alleged non-compliance to its rules and guidelines. The fines amount to almost Rs 3 crore. The central bank imposed penalties on HDFC Bank, Punjab & Sind ...