13 results
- 13 Mar 2020
CBN Extends NUBAN to other Finance Institutions
Central Bank of Nigeria (CBN) has reviewed the Nigeria Uniform Bank Account Number (NUBAN) to include other finance institutions. A circular signed by Musa Jimoh, director, Payments System Management…
- 15 Jul 2021
VerifyMe Unveils NUBAN Verification Solution to Prevent Online Fraud
VerifyMe Nigeria, a digital identity verification and Know-Your-Customer (KYC) company, has launched a Nigeria Uniform Bank Account Number (NUBAN) verification solution and a Facial Liveness tool.…
- 18 Aug 2013
AGF Asks MDAs to Furnish it with NUBAN Accounts
Joseph O. Otunla, accountant-general of the Federation (AGF), has directed all Federal Ministries, Departments and Agencies (MDAs) to update their bank details with his office without further delay…
- 23 Aug 2010
CBN Proposes 10-digit Bank Account Number format
One and half years after continued upsurge in the volume of automated direct credits cleared through bankers clearing house, the Central Bank of Nigeria (CBN) has mandated banks to create and…
- 18 May 2015
GTBank Deploys Technology for 1st Instant Money Transfer by Mobile Phone
Guaranty Trust Bank Plc is applying state of the art technology and breakthrough innovation to enable funds transfer on the mobile phone for the first time in Nigeria for GTBank customers. The bank…
- 14 Oct 2019
CBN Issues Guidelines for Indirect Payment System
The Central Bank of Nigeria (CBN) has issued new operating guidelines for Indirect Participants in Payments System. In a circular to Deposit Money Banks and Other Financial Institutions, the…
- 27 Nov 2019
Keystone Bank Unwraps USSD Code *7111#
Keystone Bank Limited has announced the introduction of a simple banking USSD Code *7111#, as part of its commitment to delivering convenient and superior customer experience to the Nigerian…
- 24 Oct 2021
iRecharge Unveils Payment Solutions for Utility Consumers
iRecharge Tech-Innovations Limited, an industry player with focus on Consumer services, Digital Alternatives, Payment processing and Enterprise Business Application, has unveiled a payment solution…
- 31 May 2022
CBN Mandates OFIs to Enroll in Credit Risk System by August1
Central Bank of Nigeria (CBN) has said the provisions of the regulatory guidelines for the redesigned Credit Risk Management System (CRMS) for commercial, merchant and non-interest banks issued on…
- 28 May 2012
4 Months after CBN’s Deadline, Banks March Lazily to IFRS
Nigeria banking industry has reported a sluggish progress in the adoption of International Financial Reporting Standards (IFRS), two years after the Central Bank of Nigeria (CBN), began moves to…
- 11 Apr 2014
GTBank, Avios Launch Loyalty Reward Scheme
Guaranty Trust Bank plc has announced the launch of its new loyalty scheme exclusively for GTBank credit card holders. The loyalty scheme is in partnership with Avios, the leading global travel…
- 9 Jun 2015
ATM Overshadows BVN as Most Visible Proceed of Banking Reforms- Survey
A survey has revealed that Automated-Teller-Machine (ATM) remains the all-time visible proceed of the banking sector reforms to Nigerians, knocking-off the recently introduced Biometric Verification…
- 15 Dec 2015
GTBank New Solution Enables Receipt of Western Union Funds via ATMs
Guaranty Trust Bank plc has reaffirmed its position as a leading provider of e-payment solutions with the introduction of a new service that allows customers receive Western Union funds directly into…