CBN refutes reports of involvement in oil sector forex use
The Central Bank of Nigeria has dismissed reports claiming it disbursed $1.259 billion to big oil companies for importing fuel and other petroleum products. According to the apex bank, the report is false and misleading. In a statement released by the bank’s spokesperson, Hakama Sidi Ali, the CBN clarified that the quoted $1.259 billion figure […]
Australian Bank fires employee after 25 years, replaces her with AI she helped train
An Australian bank worker revealed she was fired after 25 years, months after unknowingly training an AI system to take over her job. Kathryn Sullivan, 63, said she did not realize she was helping create a chatbot that would eventually replace her role before being made redundant in July, ending her long career with the […]
FG Takes Over Keystone Bank
The Federal Government has taken control of Keystone Bank, marking the start of a fresh chapter for the bank. This move aims to bring stability, growth, and a brighter future for customers and stakeholders. Keystone Bank stands on a solid foundation, and its leadership is committed to providing better banking services. With this new direction, […]