OPINION/EDITORIAL

Banking: Is Voice Biometrics in Banking Secure Enough?

Generative AI voice cloning tools only need a minute of voice data–which is often scraped from social media–to create a result that is almost indistinguishable from the original January 29, 2024/iiDENTIFii Apart from going into a branch, calling a bank feels more human for digital-shy consumers. For many, it is […]

Renewed Hope: the 2024 FGN Budget

January 29, 2024/Coronation Research The 2024 FGN Budget, titled “Budget of Renewed Hope,” was signed by President Bola Ahmed Tinubu on 02 January’24. There were a few revisions made. The aggregate expenditure is estimated at N28.7trn which is 11.9% or N1.2trn higher than the initially proposed N27.5trn. This figure is […]

CBN Releases $500Million to Clear More Verified FX Liabilities Backlog to Various Sectors

January 29, 2024/CBN In its determination to address the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) has released US$500 million to various sectors. This comes barely a week after the Bank paid approximately US $2.0 billion to settle outstanding commitments across manufacturing, aviation, and petroleum sectors. The […]