The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians and the public to be cautious of falling victim to scammers. In a statement issued on Tuesday, CBN spokesperson Hakama Sidi Ali clarified that the bank does not offer correspondent banking services for Nigerian banks … Read more
Singer and songwriter Simi has encouraged parents to raise daughters who are self-reliant, emphasizing that financial independence empowers women to take control of their own futures. In a recent TikTok video, the singer shared her thoughts, stating, “Please do not raise your daughters to believe that their only option is to rely on someone else … Read more
The recent directive by the Central Bank of Nigeria (CBN) to include customers’ social media handles as part of the customer identification process has sparked both praise and concerns. While the CBN aims to strengthen Customer Due Diligence (CDD) regulations and combat fraudulent activities, there are valid apprehensions regarding privacy infringement and its potential impact … Read more
The Central Bank of Nigeria has launched the E-Naira campaign at Aliko Dangote University of Science and Technology in Kano. Students and staff are encouraged to adopt the E-wallet system for tuition and other transactions, promoting financial security and efficiency. The university has expressed support for the initiative, recognizing the benefits of cashless transactions and … Read more