Lanre Kasim of Guaranty Trust Bank has called on bank customers to deepen fraud awareness and improve financial literacy to better protect their finances. Kasim made the appeal while speaking on customer responsibilities at a stakeholders’ meeting organised by the Nigeria Deposit Insurance Corporation on Saturday in Lagos. She described financial literacy as the knowledge…
The Nigeria Deposit Insurance Corporation (NDIC) has reassured Nigerians about the health of the nation’s banking sector, stating that banks are robust while confirming that over 80 per cent of depositors of the liquidated Heritage Bank have already received their insured funds. Speaking in Minna during the National World Savings Day commemoration, Mr. Zeyad Abubaka…
Ecobank Nigeria has introduced the Ecobank Business App, a digital banking platform aimed at supporting the growth and sustainability of Small and Medium Enterprises (SMEs) across the country. The new application enables business owners to manage payments, track transactions, monitor cash flow, and conduct daily financial operations directly from their mobile devices, helping to eliminate…
By Adeyemi David The Nigerian naira closed the trading week ended February 7 on a slightly weaker note at the official foreign exchange market, reflecting mild volatility amid persistent dollar demand. Data from the Central Bank of Nigeria showed the currency settled at ₦1,366.19 per dollar on Friday, representing a 0.01 per cent decline from…
