By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Deposit money banks (DMBs) in Nigeria are to commence the T+1 clearing system; same day value for cheques of customers. The central bank of Nigeria (CBN) Tuesday directed all deposit money banks (DMBs) in the country to adopt the T+1 clearing system; same day value […]

The Central Bank of Nigeria said on Monday that the curriculum that would be used to teach the concept of financial literacy in schools would be released next year. The CBN Director, Consumer Protection Department, Hajiya Umma Dutse, said this during an event to mark the Global Money Week in […]

A High Court in the Federal Capital Territory, Abuja, has ordered AIICO Insurance Plc to refund N1.23m to a public servant named Gboyega Bello, being the premium paid for a life insurance policy. Justice Maryann Anenih of the Abuja High Court, who presided over the case, also ordered that an […]