Category Archives: Banking

Bank customers laud Senate directive on ATM maintenance charges

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

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

Things 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

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

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

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

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

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

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?

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

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

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 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