The Central Bank of Nigeria (CBN) has again demonstrated its commitment to maintaining a resilient and stable banking sector. On June 13, 2025, the apex bank issued a directive temporarily suspending dividend payments, bonuses, and foreign subsidiary investments for banks operating under regulatory forbearance. This measured intervention reflects the regulator’s proactive stance in safeguarding Nigeria’s
Karnataka Bank Managing Director and Chief Executive Officer Srikrishnan Hari Hara Sarma (right) speaking with All India Bank Employees Association General Secretary C.H. Venkatachalam on the inaugural day of the two-day conference of All India Karnataka Bank Employees Association in Mangaluru on Saturday | Photo Credit: H.S. Manjunath Calling upon his bank employees to brace
The Central Bank of Nigeria (CBN) has warned Nigerian banks and fintechs to be wary of cybersecurity risks as they move into open banking. The Director of Payments System Policy at the CBN, Mr. Musa Jimoh, gave this charge while speaking during the Q2 Regulators Forum of the FintechNGR themed, “Beyond Compliance: Unlocking Innovation with Nigeria’s
A Nigerian financial technology provider hopes to expand its business in Ethiopia following the successful execution of a digitalization contract with one of the scores of microfinance institutions operating in the country. Qore Technologies was recently hired to digitalize the paper-based system formerly used by the staff of Akufada Microfinance Institution, which is based in
In the relentless surge of private sector demands, individuals like Angie, a former bank operations manager who found solace in public service, remind us that career contentment can often be forged from the fires of high-stress industry crucibles. According to a recent expose by St. Johns County Clerk’s office, Angie traded the pressure cooker of
NEWYou can now listen to Fox News articles! A former major banker with ties to Jeffrey Epstein lost a bid to clear his name and go back to work in one of the world’s key cities for global finance this week. Jes Staley, a former Barclays CEO and a longtime executive at JPMorgan, lost his
PNN Advertisement Mumbai (Maharashtra) [India], June 27: Keshav Mishra, a veteran in digital banking and payments, has joined UNLEASH Capital Partners as an advisor. With over two decades of experience across banking, fintech, financial services, and financial inclusion, Mishra brings deep domain expertise and leadership in digital transformation. He was most recently Chief Digital Officer
Imagine how the Yankees’ hierarchy reacted when Jasson Dominguez went 4-for-5 against the Reds this week, offering the club a glimpse of what the Martian could someday be. Actually, there’s no guesswork necessary. From GM Brian Cashman to manager Aaron Boone, all the way down to the quants in the Yankees’ analytics department, Dominguez had
Monzo customers reported problems with the bank app earlier Monzo customers reported issues with its banking app earlier today (stock image) (Image: Shannon Fagan/Getty Images) Monzo customers reported problems with its banking app earlier today, with payments unable to be sent or received by the online banking feature. It is believed the issues began around
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Europe’s top banking regulator has raised concerns about the “circles of risk” being created by banks providing financing to investors that are taking on credit risk from other lenders. The European Banking Authority said in