April 6, 2020/CBN The Central Bank of Nigeria (CBN) wishes to alert the general public that cyber-criminals are taking advantage of the current “COVID-19” pandemic to defraud citizens, steal sensitive information, or gain unauthorized access to computers or mobile devices using various techniques. This trend is not peculiar to Nigeria […]
Money Market
Nigerian Banks at Severe Risk from Oil Price Slump, Coronavirus
Culled—-Proshare April 6, 2020 By Fitch Ratings Nigerian banks’ credit profiles face severe risks from the oil price slump and operating environment disruption due to the coronavirus pandemic, Fitch Ratings says. Asset quality deterioration linked to high exposures to the oil and gas sector is the biggest threat to ratings. […]
Ecobank Customers Now Enjoy Zero Charge for Digital Money Transfers Below N5,000 – Akinwuntan
April 4, 2020/Ecobank Nigeria Ecobank Nigeria says its customers now enjoy zero charge for digital money transfers below N5,000 being part of its corporate actions to cushion effects of the lockdown to check the rising spread of Coronavirus. Patrick Akinwuntan, Managing Director, Ecobank Nigeria who stated this in Lagos said […]
