Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
NIBSS
How collaborations among UBA, NIBSS, others will deliver sustainable value to customers, stakeholders
By Chioma Obinagwam The partnership among the United Bank for Africa (UBA), Nigeria Inter-Bank Settlement System (NIBSS), other Banks and financial institutions, is...
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...
Don't Miss
Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative
By Blaise UdunzeNigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...
Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday
By Chioma Obinagwam Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...