Central Bank of Nigeria (CBN) has banned banks and development banks from lending to loan defaulters of over N500 million, without its prior approval, according to...
Alh Umaru Ibrahim, managing director, Nigeria Deposit Insurance Corporation (NDIC) yesterday warned its banks examiners against unethical practices, noting that the corporation would not condone any...
As a leading one-stop, multi bank, modular e-Payment, e-Collections, e-Payroll and e-Schedules platform, transactions done through Remita are valued at over N500 billion monthly, said Mr....
Operators of the Bureau de Change yesterday met with the Committees on Finance of both chambers of the National Assembly to seek the intervention of the...
The Central Bank of Nigeria (CBN) will today begin the implementation of cashless policy in 30 states of the federation having completed phases 1 and 2...
Stakeholders in the e-Payment space are hopeful that the commencement of nationwide cashless policy this week will trigger a geometric growth in the deployment and use...
As PayPal services go live, Nigerians offer differing opinions as to the safety and security of the online payment system. This service will allow the Nigerian...
The worldwide production print market enjoyed double-digit year-over-year growth in both units and shipment value during the first quarter of 2014 (1Q14). Units grew 32.1% to...
House of Representatives yesterday summoned Mr. Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN) over the new capital base of N35m set for Bureaux...
Islamic banking software specialist Path Solutions today announced that Bank of Khartoum (“BOK”) has successfully upgraded to the latest version of Path Solutions’ iMAL 13.2 and...