The Central Bank of Nigeria, CBN has confirmed more than 90 per cent of the banks operating in the country have complied with its directive to install Anti-Scheming devices on their Automated Teller Machines, ATMs. The Anti-Scheming device is to help protect banks’ customer against fraud from fraudsters that uses […]

* Ecobank expects Nedbank to convert debt to shares * Aims for 15 percent loan growth in 2014 * Secures banking licence in Angola Pan-African lender, Ecobank, is expecting South Africa’s Nedbank to convert a $285m loan to shares in Ecobank before the end of the year. Ecobank’s Chief Executive […]

By Tony Ede Lagos (INVESTADVOCATE)-The National Pension Commission (PenCom) has granted an operating licence to the Nigeria Police Force Pensions (NPF Pensions) as the 21st Pension Fund Administrator (PFA) after fulfilling very stringent licensing requirements. NPF Pensions has since commenced operations. The NPF Pensions which is specially licensed to administer […]