30 results
- 10 Dec 2020
African Banks Poised to Benefit from Chat Commerce
Participants at Clickatell’s Connect Interact and Transact (CIT) annual event in November heard how chat commerce can assist companies, especially banks, connect with customers who are increasingly…
- 27 Jun 2021
NDIC Begins Payment of Liquidation Dividends to Depositors of 14 Dead Banks
Nigeria Deposit Insurance Corporation (NDIC) said it is ready to pay uninsured creditors, depositors and shareholders of 14 closed banks their liquidation dividends. In a release on Sunday by Bashir…
- 7 Nov 2021
Sterling Bank, Coscharis Motors Partner on E-Commerce, Vehicle Finance
Coscharis Motors Plc has partnered Sterling Bank towards on-boarding its vehicles on the bank’s non-Interest Banking Division platform- AltDrive. The objective is to ease the road to ownership via…
- 8 Oct 2023
NDIC Pays 29,573 Depositors of Closed MFBs, PMBs
Mr Bello Hassan, managing director, Nigeria Deposit Insurance Corporation (NDIC), has said it has paid about N1.084 billion to 29,573 depositors of recently-closed microfinance banks and Primary…
- 11 Oct 2013
UBA Backs New e-Commerce Platform with U-Mall Launch
United Bank for Africa (UBA) Plc has partnered with Netplus Advisory Limited to deploy a robust web payment solution for U-Mall, a new e-commerce platform, in line with the bank’s commitment to the…
- 3 Dec 2014
NDIC Recovers N25.31bn from Liquidated Banks Debtors
The Nigerian Deposit Insurance Corporation (NDIC) said it had recovered a cumulative sum of N25.31bn from debtors of Deposit Money Banks in liquidation as at the end of December 2013. The figure…
- 30 Jul 2015
Skye Bank Empowers SME Owners with Management Skills
Over 300 business owners who are customers of Skye Bank Plc operating within the General Commerce sector benefitted from the bank-sponsored business management workshop which took place in…
- 19 Jul 2010
LCCI Proposes Recapitalisation Guidelines for Rescued Banks
Lagos Chamber of Commerce and Industry (LCCI) has proposed guidelines for recapitalisation for the banks recently rescued by the Central Bank of Nigeria (CBN). LCCI second quarterly report released…
- 9 Aug 2026
Interswitch, Temenos Commit to Advancing Nigeria’s Digital Banking Technology
Interswitch Group, an integrated digital payments and commerce company, together with global banking software provider, Temenos have reassured the Central Bank of Nigeria (CBN) of their commitment to…
- 31 May 2014
GTBank Launches E-Commerce Portal for Nigerian SMEs
Guaranty Trust Bank (GTBank) Plc, Africa's Bank of the Year, as part of measures to empower Nigerian Small and Medium Enterprises (SMEs), has launched first e-commerce portal for different…
- 2 Oct 2023
NDIC Begins Payment of N16.18Bn to Liquidated Banks’ Depositors
Nigeria Deposit Insurance Corporation (NDIC) has declared N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. This followed impressive…
- 24 Nov 2008
Unity Bank Named Most Innovative at Lagos Trade Fair
The Lagos Chamber of Commerce & Industry has named Unity Bank Plc the “most innovative financial Institution” at the just concluded Lagos international Trade Fair. Unity Bank had…
- 13 Jul 2013
FCMB Pledges Support for e-Business
The First City Monument (FCMB), a wholesale banking group with a niche retail banking franchise has pitched its tent behind e-commerce ventures in Nigeria. According to FCMB, an increasing concern…
- 4 Sept 2022
NDIC Makes Final Dividend Declaration to Depositors, Creditors of Failed Banks
Nigeria Deposit Insurance Corporation (NDIC), has published a final dividend declaration notice to depositors of 20 failed banks. The NDIC also published a final dividend declaration notice to…
- 12 Dec 2023
Why Some Nigerian Banks Failed - Ibrahim
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with…
- 11 Jul 2014
SAP, ActivEdge Partner to Drive Mobile Solutions for Financial Services
SAP Africa has announced a partnership with ActivEdge Technologies, an SAP OEM (original equipment manufacturer) certified partner, to drive innovative mobile solutions to fulfill the growing needs…
- 7 Dec 2023
NDIC to Pay N16.18Bn Liquidation Dividends to Depositors of 20 Failed Banks
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan, managing director…
- 16 Aug 2020
Identify Thieves Inflict Tears, Losses on Nigerians
Nigerian financial system has been jolted by a new wave of cyber threats targeting Nigerians, banks, e-commerce and other daily financial activities. This is as the COVID-19 pandemic forced drastic…
- 19 Jun 2023
Interswitch Partners Equity Bank Uganda to Provide Affordable Services
Interswitch, Africa’s integrated payments and digital commerce company, has partnered with Equity Bank, one of the top Banking Groups in East Africa, to provide the Bank’s customers with faster and…
- 12 Mar 2015
GTBank Launches SME Market Hub
GTBank plc said it has launched “The SME Market Hub,” an e-commerce portal for Small and Medium Scale Enterprises (SMEs). The bank said the e-commerce and business directory portal is part of its…
- 14 Aug 2016
CBN Grants Fidelity Bank eCommerce Platform License
Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc final license to operate electronic commerce services in Nigeria. This is contained in a statement signed by Mr Ejike Ndiulo, the Fidelity…
- 2 Mar 2014
Courier Operators Want Banks, Others off Dispatch Operations
Courier operators in Nigeria are not happy with the encroachment on their professional jurisdiction by banks, e-commerce and multi-national corporations running parcels’ dispatch services, Nigeria…
- 12 Nov 2021
Konga, Access Bank Partner to Feed Thousands, Offer 10% Discount to Card-holder Donors, Shoppers
Konga, Nigeria’s leading e-commerce giant and Access Bank Plc, foremost financial institution, have announced plans to support the free delivery of discounted, high quality essential food items to…
- 26 Sept 2014
Konga Now Features GTPay Internet Bank Transfer
Konga, a leading e-commerce site in Nigeria, recently integrated on its platform a new GTPay Payment method - the GTBank Internet Bank Transfer. Konga, in a statement noted that, this was done in a…
- 22 Mar 2015
Telcos May Replace Call Centre Staff with IBM’s Watson
For obvious reasons of high cost of executing business, shortage of experts, and other issues in Nigeria, telecommunication operators, banking, healthcare, e-commerce and other service…
- 15 Dec 2020
Shago Unveils e-Commerce Platform Today
A new Nigerian fintech start-up, Shago Payments Limited, will today unveil its bill payment and e-commerce platform to serve the banked and unbanked locally and internationally. Sabastine Enechi, the…
- 21 Mar 2017
IBM Unveils Enterprise-ready Blockchain Service
International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group…
- 18 Feb 2021
HF Partners Interswitch to Launch International Money Transfer Service
HF Group has announced its partnership with Interswitch Group, a leading digital payments and commerce company, to expand its digital banking services to include International Money Transfer (IMT).…
- 19 Sept 2022
Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion
Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using…
- 1 Apr 2024
NACCIMA Plans Consultations Over Bank Recapitalization
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture is taking a cautious and analytical approach to the Central Bank of Nigeria’s new guidelines on the recapitalisation…