Banking Trust Relies on Cybersecurity & AI - Union Bank CITO
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
Category : Search result: open banking
Two Teenagers Drown in Ibadan's Apete River
The Apete community in Ibadan mourns Abdullahi Sheriff, 15, and Adekitan Rasheed, 13, who drowned in a local river. Learn the details and urgent safety calls from residents.
NOUN Student Dies After Collapsing in Exam Hall
A National Open University student died after collapsing during a test at the Victoria Island centre. Eyewitnesses allege a lecturer delayed help. Read the full investigation.
Makinde Vows to Solve Herder-Farmer Clash in Oyo
Oyo State Governor Seyi Makinde commits to working with stakeholders for lasting peace between farmers and herders. Read about the summit and the state's anti-open grazing law.
Chinese AI Gains Traction in US Market Amid Tech War
Despite US-China tensions, Chinese open-source AI like DeepSeek and Alibaba's Qwen are winning over American companies with low cost and customizability. Discover why firms are switching.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Passenger Tried to Open Plane Door Mid-Flight
A passenger on Alaska Airlines Flight 87 attempted to open a cabin door mid-air, leading to restraint by fellow travellers and his arrest. Read the shocking details of the incident.
PalmPay's ₦400m Festive Campaign Offers Travel Prizes
PalmPay unveils a ₦400 million festive rewards campaign, offering users cash prizes and all-expense-paid international trips for everyday app transactions. Join the World Travel Carnival from Dec 17 to Jan 8.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Banks Rush to Raise N4.14trn for CBN Recapitalisation
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Zenith Bank Wins Tech Trailblazer Award at Nexus 2025
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
Six Kuje Prison Inmates Graduate with University Degrees
Six inmates at Kuje Correctional Centre graduate with degrees from NOUN, proving education reforms lives. Read their inspiring story of hope and rehabilitation.
Kuje Inmates Graduate with NOUN Degrees
Six inmates at Kuje Medium Security Custodial Centre have earned university degrees from NOUN, showcasing education's power for rehabilitation. Read their inspiring stories of hope and purpose.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
CAC Gives PoS Operators New Registration Deadline
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Jehovah's Witness Offers Support to Aunty Esther
A Jehovah's Witness member writes an open letter to cancer patient Aunty Esther, detailing how she can get full financial and medical support from the congregation after public backlash.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
Yul Edochie Confronts Tinubu Over Insecurity, Economy
Nollywood star Yul Edochie publicly challenges President Bola Tinubu, demanding answers on worsening insecurity and economic hardship. Read the full story and public reaction.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
CIBN Launches Ethics Summit on International Day of Banks
The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.
CIBN marks 2025 International Day of Banks
The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
Nasboi Writes Emotional Open Letter to 2Baba
Skit maker Nasboi expresses pain over viral videos of 2Baba, calling them 'embarrassing' in an open letter to his mentor. Read the full story and public reactions.
Serena Williams Takes Step Towards Tennis Comeback
Tennis icon Serena Williams has rejoined the anti-doping testing pool, sparking rumours of a return to professional tennis three years after her last match. Could a comeback be on the cards?
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
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