The Central Bank (CBN) threatened on Friday to sanction banks denying Small and Medium Enterprises (SMEs) access to foreign exchange (Forex) from the newly instituted SMEs Forex Window.
Over budgeting for IT was prevalent in many Nigerian banks over a period of four years between 2005 and 2009, suggesting management eagerness to approve IT budgets
JMR Infotech, formerly known as TRASSET Services Group, has announced the opening of its subsidiary in Nigeria, as part of the company’s expansion plans in the key
Enhancing Financial Innovation & Access (EFInA) has committed $2million to expand financial services to the un-banked and under-banked segments of the populace.
Payair, the leading provider of mobile payments is now launching the next generation of mobile payment services, a solution which not only handles the payment process
Transaction processing for banks and other financial services is set to surpass $15 billion (2.4 trillion) this year, as the Central Bank of Nigeria (CBN) intensifies
The Central Bank of Nigeria (CBN) has reviewed its cashless policy aimed at reducing the amount of cash in circulation. The apex bank said in a statement that the review
UBA Foundation; the corporate social responsibility arm of United Bank for Africa (UBA), Africa’s financial powerhouse has continued its prostate cancer awareness
Proshare, Nigerian's foremost financial information and analyst platform announces its partnership with Dunn Loren Merrifield, the highly regarded full-service
Following series of attacks on banks in Ogun State, banking operations in Ijebu land and Sagamu areas of Ogun State have been brought to a halt till further notice. It
The Central Bank of Nigeria (CBN) has waived the daily cash withdrawal limit of N1 million for some customer of Primary Mortgage Institutions (PMIs) and Microfinance