BankingFailed Bank Customers Face Payment Delays as NDIC Accuses Debtors of Frustrating Loan Recovery
NDIC says some failed-bank debtors are delaying loan recovery through asset concealment and litigation. FridayPosts explains insured deposits, l…
Banking
Latest reporting, analysis and useful ideas from this FridayPosts desk.
BankingYour Phone Number Could Put Your Bank Account at Risk: How Nigeria's TIRMS Fraud-Detection System Works
Nigeria's TIRMS system lets authorised organisations check whether a phone number has been swapped, churned, blacklisted or reassigned. Here is…
BankingNigeria’s FX Market Is Stabilising. Why Can’t Businesses Borrow Cheaply Yet?
Nigeria’s FX market is more stable and the CBN has started cutting rates, yet businesses still borrow at punishing costs. Here is why the transm…
BankingOne Nigerian Bank Spends More Than N6 Billion a Year Fighting Cyberattacks. How Big Is Nigeria's Digital-Fraud Threat?
FirstBank says it spends more than N6 billion annually on cybersecurity. Nigeria's wider fraud data show why banks, fintechs, regulators and cus…