Banking&Finance - Page 17

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

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Transactions on eNaira Platform Now 1.4m,Says Emefiele

Mohammed Shosanya Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN),says over 1.4million transactions have passed through the eNaira platform from inception till date. He disclosed this during the opening

May 3, 2023

Banking&Finance·Business

CBN Denies Plans To Withdraw New Naira Notes From Circulation

Mohammed Shosanya The Central Bank of Nigeria (CBN)has denied claims in some quarters that it’s contemplating the withdrawal of the recently redesigned N1000, N500 and N200 currency banknotes from circulation. Isa AbdulMumim

April 30, 2023

Banking&Finance·Business

e-Naira Is Safe,CBN Insists

Tunde Sholanke The Central Bank of Nigeria (CBN) has assured Nigerians of the safety of their money in banks through the operation of the e-naira. Mr Chika Ugwueze, Assistant Director Payments System

April 27, 2023

Banking&Finance·Business

Dormant: CBN Threatens N2m Fine On Banks

Mohammed Shosanya The Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management of dormant accounts, unclaimed

April 14, 2023

Banking&Finance·Business

Access Bank’s Zambian Subsidiary Acquires Atlas Mara

Mohammed Shosanya Access Holdings Plc says Access Bank Zambia Limited (Access Zambia), a subsidiary of its flagship subsidiary, Access Bank Plc , has received final regulatory nod from the Central Bank of

March 25, 2023

Banking&Finance·Business

CBN Didn’t Suspend Fintech Companies’ Accounts-Spokesman

Tunde Sholanke The Central Bank of Nigeria,CBN,has faulted viral news news that it suspended accounts of Fintech companies like OPAY and PALMPAY. Its Acting Director, Corporate Communications, Mr. Isa AbdulMumin,said in Abuja

March 25, 2023

Banking&Finance·Business

CBN Releases More Cash To Banks

Mohammed Shosanya The Central Bank of Nigeria (CBN) has confirmed release of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation

March 24, 2023

Banking&Finance·Business

IWD: Emefiele Seeks Gender Equality,Financial Inclusion For Nigerian Women

Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has called for more engaging conversations on how women can leverage technology and innovation to bridge the

March 24, 2023

Banking&Finance·Business

Cash Swap: Emiefele Begs Nigerians Over Network Failures

Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN),Mr. Godwin Emefiele,has begged Nigerians to forgive him over the huge transaction failures on ac ount of the current currency designation policy

March 23, 2023

Banking&Finance·Business

CBN Moves Interest Rate To 18%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 50 basis points to 18. per cent The CBN Governor, Godwin Emefiele, disclosed this while

March 22, 2023

Banking&Finance·Business

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