By Agency Reporter The Central Bank of Nigeria has directed commercial banks to report bank frauds to it monthly. The Deputy Director, Banking Supervision Department, CBN, Mr. Kevin Ibedu, gave the directive in the March edition of “N-SACC News”, a publication of the Nigerian South African Chamber of Commerce, made […]

By Nike Popoola The Managing Director, FBN Life Assurance Limited, Mr. Val Ojumah, has said that the company was set up to provide premium value in the insurance market and become Nigeria’s first choice in wealth creation and financial security. He said this during the inauguration of “FBN Life” in […]

By Stanley Opara The Western Union Company has concluded agreements to roll out the Western Union Money Transfer service across the Spring Bank, Fidelity Bank and Afribank agent networks in Nigeria. The announcement formed part of Western Union’s ongoing expansion programme in Nigeria and would add more than 500 agent […]