Virtually all commercial banks in Nigeria have signed on MasterCard, as part of financial sector’s drive towards secured and seamless e-payment systems in Nigeria. Speaking at...
United Bank for Africa (UBA) Plc has announced incentives to encourage the bank’s customers to use electronic channels for their transactions in December. Tagged UBA Cashless...
Central Bank of Nigeria (CBN) yesterday unveiled a digital N100 paper note, first of its kind, to commemorate Nigeria’s centenary. Godwin Emefiele, apex bank’s governor, during...
About 46% of cyber incidents are detected through customer complaints, according to Nigerian Cyber Threat Barometer report 2014 This was disclosed by Bukola Smith, head,...
Economic and Financial Crimes Commission (EFCC) is investigating a case of electronic fraud involving an unnamed state government in Nigeria which reportedly lost over N5...
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...
Point of sale (PoS) terminals are to be deployed as additional redemption channel by government under the Growth Enhancement Support (GES) scheme to enable farmers access...
The Central Bank of Nigeria (CBN) says Nigeria has more than 100 million mobile phone users that can support cashless policy. Aaron Yaduma, Head of CBN’s...
Savers Card International (SCI), owners of the Savers Club Discount Card, has re-launched its premium discount card. The Savers Club Discount Card, which comes as a...
Nigeria Interbank Settlement System (NIBSS) is offering electronic cardholders in the country cash back of 50 kobo for every N100 spent in the use of e-payment...
