The Nigerian government has said it plans to launch a new national identity cards that enables payment and social service delivery. Confiance News gathered from a
Following the recent naira redesign announced by Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), total cashless transactions conducted in Nigeria increased significantly amidst an
Momo Payment Service Bank Limited (MPSBL), a banking subsidiary of MTN Nigeria has charged the Federal High Court to compel 18 commercial banks to refund about N23billion
On August 1, a new policy that will deny serial bad debtors any cover to operate went live in the Nigerian banking system. The Central Bank of
By Chioma Obinagwam Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major languages – Yoruba, Hausa and Igbo. This
Bank customers all over Nigeria had a hectic time using the electronic channels to transact on Tuesday as operations of the Nigeria Inter-Bank Settlement System (NIBSS) were
By Chioma Obinagwam Sterling Bank Nigeria Plc has said that its full year 2018 profit increased by 15 percent. The bank disclosed in a statement on Monday.
By Chioma Obinagwam Nigeria’s apex regulator, the Securities and Exchange Commission (SEC), has said that it is working with other major stakeholders in setting up a