30 results
- 15 Jan 2024
ChamsSwitch Receives License for Union Pay International Payment
ChamsSwitch, a Fintech subsidiary of Chams Holdco Plc, has been licensed by Union Pay International, the world’s largest card network, to spearhead international payments for UnionPay cards issued by…
- 1 Aug 2016
Union Pay Bumps Visa to No. 2 Spot in Global Payments Value
According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card payments. Market share for the…
- 6 May 2015
Union Demand Accelerated Pay Rise for NIMC Staff
Senior Staff Association of Communications, Transport and Corporations (SSACTAC), an Affiliate of Trade Union Congress (TUC), representing hundreds of National Identity Management Commission (NIMC)…
- 31 Jul 2025
Yele Okeremi charges government to take the lead to make Nigerian fintech attain global leadership
Mr. Yele Okeremi, Managing Director of Precise Financial Systems (PFS), has said that unless the Nigerian government pays attention to the trends and developments in the country’s fintech ecosystem,…
- 11 Nov 2020
EU Doles Aid Money on Poor Countries to Spy on Citizens - PI
European Union (EU) aid money might be helping non-member states to spy on their citizens, Privacy International (PI) has warned European Union aid has been used to pay for surveillance equipment and…
- 29 Oct 2012
Western Union Commits to a New Financial Platform for NGOs
The Western Union Company, a leader in global payment services, has announced its commitment to creating a financial platform specifically designed to meet the payment needs of non-profit,…
- 8 Oct 2019
NUPTE Calls Out Telcos over Poor Pay, Right of Workers
National Union of Postal and Telecommunications Employees (NUPTE) has urged employers, especially private telecom companies operating in Nigeria to respect decent work principles and the right of…
- 6 Jan 2020
UnionPay says 4M Merchants Support Mobile Service Outside of China
UnionPay International, the third leading mobile wallet service in China, said that 28.5 million merchants accept Union Pay outside of the country, with 4 million of them supporting the UnionPay…
- 9 Apr 2018
Microsoft Warned Nigerian Companies of Dangers of Non-compliance with EU GDPR
Microsoft has advised businesses in Nigeria to pay attention to the European Union’s General Data Protection Regulation (GDPR). Mr John Edokpolor, Lead Commercial Attorney, Microsoft MEA Emerging…
- 14 Aug 2014
First Bank Bows Labour Union, Releases N1.8Bn Debt
Picketing of First Bank Headquarters in Lagos had yielded fruits with bank paying the N1.8 billion owed Amalgamated Union of Public Corporations, Civil Service, Technical and Recreational…
- 24 Apr 2014
Thuraya Teams up with Western Union for Quick PaySM Service
Thuraya Telecommunications Company, a leading Mobile Satellite Services operator and The Western Union Company, a leader in global payment services, have penned agreement to offer top-up services for…
- 23 Apr 2025
EU Fines Apple and Meta €700m in Landmark Digital Markets Act Enforcement
European Commission has imposed landmark fines on tech giants Apple and Meta in the first enforcement actions under the Digital Markets Act (DMA), a new regulatory framework designed to enhance…
- 1 Mar 2010
Union Bank Showcases Products At Kaduna Trade Fair
Union Bank of Nigeria Plc will showcase its strong fundamentals of time tested banking with provision of quality service and products at the Kaduna International Trade Fair. The bank’s…
- 4 Sept 2020
KGIRS Seals Union Bank Premises in Kogi over Tax Liability
Kogi State Internal Revenue Service (KGIRS) on Friday sealed the premises of Union Bank of Nigeria (UBN) Plc for its refusal to pay tax liability of over N147.3 million owed the Kogi state…
- 18 Mar 2025
£15bn Petro Union Fraud: AGF Defends Nigeria's Wealth at Supreme Court
In a significant move to safeguard Nigeria from potential fraud, the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi (SAN), has led a team of senior lawyers to…
- 29 Oct 2018
Stakeholders Seeks Mobile Technology Driven Out-Bound Remittance Operators
Remittance and payment stakeholders have urged central bank of Nigeria (CBN) to expand the licensing of out-bound money transfer operation to accommodate mobile technology driven operators. …
- 20 Sept 2015
Nigerians Suffer as Banks Appetite for Foreign Cards Grow
The fondness of Nigerian banks to persuade customers to settle for foreign card schemes at the detriment of locally grown schemes fuels an insidious and relegating effect on local efforts and the…
- 11 Jun 2013
Interswitch Restructures, Creates 2 Divisions for Regional & Intl. Growth
Interswitch Transnational Holdings, a pan-African integrated payment processing and transaction switching company, has announced the spin-off, of two of its core divisions: Verve International…
- 25 Aug 2013
Verve Cards Goes Live in US, Europe
Verve International, an indigenous electronic payment card scheme has perfected arrangement that will enable its Verve card to be accepted at ATMs and point-of-sale (PoS) terminals in the US, Europe…
- 21 Jul 2017
Global Payment Cards Top 14Bn, Target 17Bnn in 2022
The number of payment cards worldwide increased 8 percent in 2016 to a total of 14 billion — 1 billion of which were issued in the space of one year. By 2022, the total count could exceed 17 billion,…
- 17 Dec 2013
FXTM Marks Year of Landmark Achievements
Global broker Forex Time Ltd (FXTM) has much to celebrate this festive season, ending a year of hugely successful operations which have elevated the company’s status to that of a truly leading player…
- 14 Feb 2012
GTBank Ghana Rolls out MasterCard Products, Services
Guaranty Trust Bank (Ghana) Limited has rolled out a range of MasterCard products and services including card issuance and ATM activation in all branches nationwide. The bank has acquired the licence…
- 22 Mar 2010
Union Bank to Offer Full Services at Enugu Fair
Union Bank of Nigeria Plc’s participation at the 2010 Enugu International Trade Fair is to boost economic recovery of small and medium enterprises, agro allied companies and all categories of…
- 10 Jul 2018
MTN Reacts as NLC Pickets Firm over Anti-Labour Laws
MTN Nigeria, has berated Nigeria Labour Congress (NLC), for picketing its corporate head office in Lagos and other operational offices across the country over alleged refusal to allow its employees…
- 9 Nov 2016
CBN Goes Tough on Illegal IMTOs, Banks over Money Transfers
Central Bank of Nigeria (CBN) has threatened to deal with any illegal International Money Transfer Operators (IMTOs) in the country when caught, warning Nigerians in the diaspora to desist from…
- 4 Feb 2026
Majority of Nigerians do not Trust Govt with Tax Revenue – SBM
Majority Nigerians do not trust the government to properly utilise their tax payments for good use, according to a survey by SBM Intelligence across nine cities. The survey highlighted why recent tax…
- 16 Apr 2018
Concerns over Implementation of National Cyber Security Standard
Cybersecurity experts have expressed concerns over delays in the implementation of national cyber security standard already adopted by the country, Nigeria CommunicationsWeek has learnt. This…
- 14 Oct 2014
Warning! Ebola Epidemic Could Lead to Failed States
World Health Organization (WHO) has warned that Ebola epidemic threatens the “very survival” of societies and could lead to failed states. Margaret Chan, head of WHO said that the outbreak, which has…
- 24 Jan 2023
Union Bank Reiterates Support for Small Businesses at BusinessDay Top 100 SME Conference
Union Bank, Nigeria's leading financial institution, has reiterated their support for Small and Medium-sized Enterprises in the country to drive increased growth and development. This commitment was…
- 5 Jul 2021
Hidden Shame of Contract Workers in Nigerian Banks- Al Jazeera
A report by Al Jazeera has documented the hidden shame of Nigerian banking system where contract staffers in financial institutions live poverty line. Poverty wages are typical for thousands of…