The popularity of point of sale (PoS) terminal has continued to soar as more Nigerians have started using the computerized replacement for a cash register to...
Central Bank of Nigeria (CBN) at the weekend said that Nigeria Postal Service (NIPOST) is gearing up to commence cashless banking initiative. Mr. Tunde Lemo, deputy...
First City Monument Bank (FCMB) recently commenced a nationwide Customer Forum to educate their customers on the recent cashless policies of CBN and other banking issues,...

Charles Ifedi is the managing director of Verve International an offshoot of InterSwitch. He is a thorough breed information Technology professional with over 15 year experience...
The Central Bank of Nigeria (CBN) has described Dr. William Scott Rogers, out-going senior resident representative of the International Monetary Fund (IMF) in Nigeria, as a...
Central Bank of Nigeria is hosting maiden edition of International Conference on Payments System to a critical look at the Nigerian payments ecosystem. The conference will...
House of Representatives Committee on Finance, probing tax remittances, tax assessments and payments by banks, has accused some Nigerian banks of inflating their operating costs to...
The Developing Eight countries (D8) has commended the efforts of Mallam Sanusi Lamido Sanusi, CBN governor for his unrelenting efforts in promoting D8 activities by ensuring...
The Central Bank of Nigeria (CBN) has directed all banks to compile names of customers who have issued dud cheques at least three times since July...
Some N8 million are exchanged daily by mobile money schemes in the country, underscoring the growing acceptance of the scheme after a lethargic take off, according...