Mobile money is touted as the next big thing

Highwire Lobby to Save Mobile Money

Major mobile money industry players have begun a high wire lobby to get the Central Bank of Nigeria (CBN) to rejig the policy framework of mobile money services after a

Valentine Obi, managing director, eTranzact

eTransact Makes History with First SMS Based PoS

eTranzact Limited, the first award winning multi-application and multi-channel electronic transaction switching and payment processing platform has etched its name in

CBN headquarters and logo

CBN Sets New Deposit Limits, KYC

Central Bank of Nigeria (CBN) has set new deposit limits for all categories of account holders and introduced three-tier Know Your Customer (KYC) requirements for banks

Hon. Aminu Tambuwal, speaker of the House of Representatives,

Reps Ask DMO to Refund N200m

Debt Management Office (DMO) has been accused of tax evasion and other financial recklessness and has been given 48-hour ultimatum to refund N200 million to the federal

Mallam Sanusi Lamido Sanusi, Gov., CBN

CBN Says ‘Non-Oil’ Sector Remain Engine of Growth

Central Bank of Nigeria’s monetary policy committee (MPC) last night said the non-oil sector remained the major driver of growth recording 8.23 per cent increase in

Societe Generale Bank Opens for Business

Societe Generale Bank Plc (SGBN) now rechristened Heritage Bank said it will open for business Tuesday next week (that is January 29th) and that it will operate as a

Mallam Sanusi Lamido Sanusi, Gov., CBN

Firms Join Hands for Cheque Truncation Solution

Proactive Technologies Limited and Sybrin Systems (Pty) Limited have inked a partnership agreement that will led to the deployment of Sybrin Automated Cheque Truncation

Mobile Money has not been a runaway as expected

Mobile Money Meets Roadblock after Hype

Poor merchant acceptability and other factors have conspired to hobble the uptake of mobile money, which involves the transfer of money from one mobile phone to another

Technology is making ATM experience better for Nigerians

Banks Begin Cash Reversal on ATMs

Most money deposit banks in the country have begun immediate cash reversals of uncompleted transactions on their Automated Teller Machines (ATMs) and customers are happy

Mallam Sanusi Lamido Sanusi, Gov., CBN

CBN Policy Committee to Review Economy

The Central Bank of Nigeria’s says its 230th ‘Monetary Policy Committee (MPC), is to hold Monday to review the nation’s performance of key economic indicators, as well