Aggrieved Workers Transfer N483bn To New PFAs   No fewer than 109,522 workers have transferred their Retirement Savings Accounts to other Pension Fund Administrators since the National Pension Commission opened the transfer window in 2020. Findings revealed that the workers moved N483.3bn RSAs for different reasons. The National...

Ahmed Halilu: The Man with Mandates to Print Naira Notes   The Central Bank of Nigeria, CBN, may have since announced that the naira notes of 200, 500 and 1,000 would be redesigned for some reasons, but it is the Nigerian Security Printing and Minting Company...

Naira Redesign Not Economic Priority — CISLAC The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and 1,000 naira notes is not an economic priority for the country, considering the current challenges facing the economy. The...

In H1, Three Banks Record 26,877 Fraud Cases - Report  Three Banks financial reports shows that Access Bank, GTB and Fidelity Bank recorded 26,877 fraud cases in the first six months of the year. This was a 56.45 per cent decrease from the 61,715 fraud cases that...

PFAs Invest N52.87bn In Climate Change Adaptation Projects   Pension Fund Administrators (PFAs) have invested N52.87 billion in Green Bonds, which are focused on climate change- related projects. Green Bonds are types of debts issued by public or private institutions to fund themselves. It works like regular...

Banks’ Expenditure On Communications, IT Rises To N82bn   Ten commercial banks spent N81.92bn on communications as well as Information Technology services in the first half of 2022. According to the financial reports of the banks, this was a 58.69 per cent increase from the N51.62bn spent...