Payment of goods and services across the country at merchants’ location through Point of Sale (PoS) terminals in June recorded some 16% rise in value hitting...
The Central Bank of Nigeria (CBN) has commended Sterling Bank Plc and the Osun State Government, for their roles in deepening agent banking and Financial Inclusion...
PayPal, an international e-commerce business allowing payments and money transfers to be made through the Internet, has announced the introduction of ‘PayPal Select’ Gary Marino, senior...
After receiving the Securities and Exchange Commission (SEC) of Nigeria’s approval to establish a NGN 160 billion Medium Term Note (MTN) Programme and “No Objection” from...
Islamic banking software specialist, Path Solutions, announced that its Core Banking System, iMAL was recently recognized as ‘Best Global Islamic Banking Software System in 2014’ by...
Dr Ngozi Okonjo-Iweala, minister of Finance, has cautioned the Council of Ministers and Governors of Central Banks of the West African Monetary Zone against a hasty...
Senate yesterday moved the Financial Intelligence Centre from the Economic and Financial Crimes Commission (EFCC) to the Central Bank of Nigeria (CBN). Senators unanimously adopted...
Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has been elected chairman of Committee of Central Bank Governors of the ECOWAS sub-region. Emefiele...
The Nigeria Deposit Insurance Corporation (NDIC) has denied some newspaper reports that the Corporation was seeking powers to liquidate insurance companies and (or) terminate the...
eTranzact International Plc, Nigeria’s first award winning multi-application and multi-channel electronic transaction switching and payment processing system at this year’s e-Payment Summit said it has numerous...