Banking&Finance - Page 51

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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Why Businesses Fail In Africa-First Bank Boss

Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited,has said that capital constraint, social infrastructure and cultural approach as some of the limiting factors encountered by businesses in Africa. He

March 22, 2021

Banking&Finance

Access Bank Boosts Diaspora Remittances With Reward Scheme

Access Bank Plc has announced the introduction of a reward scheme for its customers to promote diaspora remittances into the country. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, who announced

March 20, 2021

Banking&Finance

Nigeria Didn’t Ban Cryptocurrencies- CBN

The Central Bank of Nigeria (CBN),says it has not banned the activities of Cryptocurrencies in the country. The Governor of the bank, Godwin Emefiele, at the 30th seminar for Finance Correspondents and

March 20, 2021

Banking&Finance

Zenith Bank Shareholders Approves N94.19b Total Dividend

Shareholders of Zenith Bank Plc, approved proposed final dividend of N2.70 per share, bringing total dividend for the 2020 financial year to N3 per share, totalling N94.19 billion. Pofit before tax rose

March 17, 2021

Banking&Finance

Polaris Bank Complies With CBN Naira 4 dollar Scheme

Polaris Bank has begun implementation of the regulatory Central Bank of Nigeria’s extra N5 for every dollar received into domiciliary accounts or as cash over the counter. The Acting Managing Director/Chief Executive

March 16, 2021

Banking&Finance

POS Merchants Seek Policy Change On Charge-Back Claims

POS merchants operating in Nigeria has implored the Central Bank of Nigeria (CBN) to change its policy towards Charge-Back claims on POS transactions as fraud increases at an alarming rate. The extant

March 15, 2021

Banking&Finance

AFD Boosts Africa’s Digital Financial Inclusion With $6.95m

The Africa Digital Financial Inclusion Facility (ADFI), supported by the French Development Agency (AFD) and hosted by the African Development Bank (AfDB) has pledged to finance digital financial inclusion in Africa, with

March 13, 2021

Banking&Finance

UBA’s Full Year Profit Hits N132b

United Bank for Africa Plc (UBA) has disclosed that it earned N131.9 billion as its profit before tax in the full-year ended December 31, 2020. The report was released on Monday. Its

March 9, 2021

Banking&Finance

NDIC Worried Over Banks’ N5bn Loss To Fraudsters

The Nigeria Deposit Insurance Corporation (NDIC) yesterday said banks in the country lost over N5 billion to fraudsters between January and September 2020. The agency said the losses, for only nine months,

March 9, 2021

Banking&Finance

AfDB Strenghens Nigeria’s Securities Market With $400,000 Grant

The African Development Bank Group,has signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market instruments. The funds will go towards

March 8, 2021

Banking&Finance

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