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Tag: Financial Institutions

Business

The future of AI regulation might be shaped by banks—Not Big Tech

While Silicon Valley fights against AI regulation, America’s banks are taking a different approach—quietly making the case for AI governance that balances innovation with ...
By ITEdgeNewsMarch 25, 20250
Hope PSB
Business

Hope PSB in court to recover N6.56b amid rising cyberattacks in Nigeria’s financial sector

Hope PSB in court to recover N6.56b amid rising cyberattacks in Nigeria’s financial sector
By ITEdgeNewsSeptember 25, 20240
CBN
News

CBN’s regulations on customers’ social media handles elicit mixed reactions; SERAPS threatens legal action

By Tracy Yekaghe The Socio-Economic Rights and Accountability Project (SERAP) has said it will initiate legal actions against the Central Bank of Nigeria ...
By ITEdgeNewsJune 29, 20230
News

Regtech spend to surge to $207b globally by 2028, with AI & Machine Learning unlocking efficiencies

A new study from Juniper Research, the foremost experts in fintech, has found that spend on regtech by financial institutions and other industries ...
By ITEdgeNewsJune 12, 20230
Features

Adeduntan urges banks to improve loan monitoring to prevent NPLS’ build-up

Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring ...
By ITEdgeNewsJanuary 12, 20230
News

Nigeria privacy watchdog imposes fines for data breaches

Nigerian privacy watchdog, Nigeria Data Protection Bureau (NDPB), may have imposed hefty fines on some ICT/telecom and financial institutions after investigations proved data breaches ...
By ITEdgeNewsDecember 27, 20220
CBN
News

CBN orders financial institutions to implement new cybersecurity framework by January 1, 2023

A new report by the Central Bank of Nigeria (CBN): Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions (OFIs), is demanding financial ...
By ITEdgeNewsJuly 2, 20220
BAFI FirstBank’s COVID-19 response sets the pace in CSR
News

BAFI Awards: FirstBank’s COVID-19 response sets the pace in CSR for other financial institutions

By Aniekan Ezekiel From the publisher of BusinessDay, Frank Aigbogun’s welcome address at the recently held BusinessDay’s Banks and other Financial Institutions (BAFI) Awards ...
By ITEdgeNewsDecember 17, 20200
Danbatta on Banks TElcos USSD
General

USSD: Banks owe telcos N17bn, says Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said that commercial banks in the country are ...
By ITEdgeNewsAugust 7, 20200

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    January 28, 2025
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    What do satellites have to do with climate change and sustainability?

    August 11, 2024
  • Securing critical infrastructure: The radical possibilities of facial recognition systems

    August 9, 2024
  • TECH TIPS: Taming Group Chats with WhatsApp’s ‘Mute’ Feature

    March 4, 2024
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Editorial

  • ATCON warns of imminent telecom blackout in Lagos and Ogun amid severe diesel crisis

    February 23, 2025
  • Nigeria’s Digital Transformation

    Unlocking Nigeria’s Digital DNA: The $18B potential for innovation and growth

    October 6, 2024

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    May 18, 2025
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    May 18, 2025
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    Nigeria powers the next fintech evolution

    May 13, 2025

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