Weekly Newsletter
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NIBSS
What Nigeria’s new national identity card looks like? How to partake?
The Nigerian government has said it plans to launch a new national identity cards that enables payment and social service delivery. Confiance...
Momo PSB drags 18 banks to court over alleged 23bn fraud
Momo Payment Service Bank Limited (MPSBL), a banking subsidiary of MTN Nigeria has charged the Federal High Court to compel 18 commercial banks...
Understanding CBN’s new GSI policy
On August 1, a new policy that will deny serial bad debtors any cover to operate went live in the Nigerian banking system....
CBN orders operators to adopt card pre-authorisation for transactions
By Chioma Obinagwam Nigeria’s apex Bank, the Central Bank of Nigeria (CBN), has directed merchant acquirers and other operators in the payment system...
How CBN’s latest policies on electronic transactions affect you?
The Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System (NIBSS) are working for the application of remittance processes to...
Eid-el-Fitri: Financial transactions suffer on NIBSS’ 21% failure
Bank customers all over Nigeria had a hectic time using the electronic channels to transact on Tuesday as operations of the Nigeria Inter-Bank...
Sterling Bank FY 2018 profit leaps by 15% on innovation
By Chioma Obinagwam Sterling Bank Nigeria Plc has said that its full year 2018 profit increased by 15 percent. The bank disclosed in...
SEC urges state governments to revitalise moribund industries through capital market
By Chioma Obinagwam The Securities and Exchange Commission (SEC) has urged state governments to take advantage of the enormous opportunities available in the...
SEC moves to tackle identity theft in capital market
By Chioma Obinagwam Nigeria’s apex regulator, the Securities and Exchange Commission (SEC), has said that it is working with other major stakeholders...
Don't Miss
Again Ikeja Electric customers experience frustration in recharging energy tokens
By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...