Africa accounts for 60 out of the 130 mobile money systems in the world, said the International Telecommunication Union (ITU) as mobile ticketing, insurance, charitable donations,...
Central Bank of Nigeria (CBN) may rescind its decision and allow telecoms operators drive the mobile money payment scheme to give fresh impetus to the initiative...
First Bank of Nigeria Limited said it has upgraded its FirstMonie App for customers to experience fast, safe and convenient mobile money service from the bank....
National Insurance Commission (NAICOM) has said that the introduction of oil and gas guideline for the sector is to increase insurance firms’ market. Mr. Fola Daniel,...
Economic and Financial Crimes Commission (EFCC), on Friday told Justice Lateefa Okunnu of a Lagos High Court sitting in Ikeja that Prof. Pat Utomi, the first...
Osun State has begun offering the country’s first Islamic bond, taking a major step towards developing an Islamic finance industry in Africa’s most populous nation, bankers...
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN), has said that the federal government established the Sovereign Wealth Fund (SWF) to shield Nigerian economy...
Some banks in the country have warned customers not to respond to requests for their personal bank details over the Internet, telephone or in person. Francis...
Interswitch Transnational, a leading pan-African integrated payments company with operations in Nigeria and a growing presence in West and East Africa, said that its Switching and...
The provision of innovative financial services that will ensure collections at optimal cost for the aviation industry is critical to the sustainability of the African aviation...