Ecobank Launches mVisa in 33 African Countries Ecobank Transnational Incorporated has partnered Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. According to a...
Banks Cut Lending, Opt for Investment in Securities The loan books of Deposit Money Banks are shrinking by the day as lenders step up investments in...
FinTech: Banking Hall Transactions Dip by 25% Banking halls are getting less attractive to customers. Huge transactions now happen outside the banking halls, courtesy of rising...
Nigeria Recovers $3bn Unpaid Oil Monies, Says NEITI The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of...
Fortis MFB’s Shares Trading Resumes The Nigerian Stock Exchange, (NSE) has in a correspondence referenced NSE/LRD/LE1/09/17, dated September 13th, addressed to the Fortis Microfinance Bank’s Company...
CBN Stops Banks from Taking Charges on Bulk Transfers Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through...
Banks Groan Under Energy Firms’ N4.89tn Unpaid Debts Deposit money banks in the country are said to be bleeding as acquisition loans advanced to power and...
Buhari Okays CBN’s Agric Initiative, Lists Achievements President Muhammadu Buhari yesterday, in his Independence Day broadcast, commended the premium initiative of the Central Bank of Nigeria...
Stanbic IBTC, Adeosun Raise Hopes on Economy, FDI Inflows From the Stanbi IBTC Holdings and the Minister of Finance, Mrs. Kemi Adeosun, came a reassurance that...
CBN Intervenes With Fresh $308.5m The Central Bank of Nigeria on Friday injected another $308.5 million into the foreign exchange market. The intervention was to ensure...
