Category Archives: Banking
Bank customers laud Senate directive on ATM maintenance charges
Bank customers have expressed gratitude to the Senate for its directive to the Central Bank of Nigeria to suspend the monthly Automated Teller Machine card
Brazil to inject $1.1bn into Nigerian agriculture
The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon inject 1.1 billion dollars into Nigeria’s agriculture. The envoy said on Thursday
What you need to know before opening a domiciliary account
A domiciliary account is a type of current account that allows you to fund it with foreign currencies such as dollars, pounds or euros and
Stable exchange rate best choice for Nigeria – Emefiele
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building
Nigeria is taking another $2.86 billion foreign loan
President Muhammadu Buhari explains that the loan will be used to cater for key projects in the 2018 budget. Nigeria is planning to take a
IMF lowers South Africa’s economic growth forecasts
The International Monetary Fund (IMF) on Tuesday cut South Africa’s economic growth forecasts for this year and next, citing urgent reforms to shore up its
Nigerians transfer N216bn via mobile devices in nine months
The value of transactions via mobile devices rose by 56 per cent in the first nine months of this year to N216bn from the 2017
CBN may cut MTN’s $8.1bn repatriation demand – Emefiele
The Central Bank of Nigeria may reduce the amount it has ordered MTN Nigeria to repatriate, the CBN Governor, Godwin Emefiele, said on Sunday. While
Wema Bank staff sent to prison for stealing employer’s N30m
A 37-year old staff of Wema Bank Plc, Headquarters in Lagos, Tunde Oso has been arraigned before a Lagos Magistrate Court for allegedly manipulating the
Is it safe to bank on Wi-Fi, apps?
Wi-Fi makes it easy to access information and do business online — whether you are around the house, around town, or anywhere around the world.
Banks and telcos will play vital role in achieving financial inclusion strategy
Dr Olayinka David-West is an information systems (IS) professional with over two decades experience in the Nigerian Information Technology industry. She is currently a senior
Building a digital marketing agency
Creating a digital marketing agency can be one of the most rewarding businesses you will ever create. Here are a few mistakes to note on
Buhari tackling corruption, envoy to Nigerians in India
Nigeria’s High Commissioner to India, Maj.-Gen. Chris Eze (Rtd), says President Muhammadu Buhari is tackling corruption and repositioning the economy for sustainable development. Eze said
Wema Bank confirms Adebise as MD/CEO
Wema Bank Plc has said the appointment of Mr Ademola Adebise as the Managing Director/Chief Executive Officer has been confirmed following the retirement of Mr
Naira Exchange Rates