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…
- 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,…
- 23 Sept 2013
Africa Accounts for 60/130 of Global Mobile Money Systems
Africa accounts for 60 out of the 130 mobile money systems in the world, said the International Telecommunication Union (ITU) as mobile ticketing, insurance, charitable donations, as well as fee…
- 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…
- 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…
- 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…
- 13 Jun 2014
StarTimes Declares Readiness for Digital Migration with Set Up Boxes
The June 17, 2015, digital Migration deadline set by the International Telecommunications Union for member nations especially in Nigeria is fast becoming a reality as stakeholders are gearing up for…
- 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…
- 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…
- 25 Sept 2016
RoW: Telecom Operators Use Gutters, Trees in Lagos
Investigation has revealed that telecommunications service providers in Lagos State are installing fiber optic cables through gutters and on trees as right of way (RoW), contributing to flooding and…
- 26 Oct 2016
Wi-Pay Secures Intl Money Transfer Operations Approval from CBN
Wi-Pay has announced it has been granted an approval-in-principle by the Central Bank of Nigeria (CBN) for international money transfer operations (IMTO). In the letter received from the CBN and…
- 29 Jan 2015
StarTimes Says Digital Migration Will Replicate GSM Success Stories
StarTimes, a licensed Digital Terrestrial Television and multiple Award winners for best Digital Pay TV Provider in Nigeria, has likened the digital broadcasting switchover as would replicate…
- 26 Mar 2012
Cashless Policy to Raise Interbank Processing to Over N2.4tr
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 implementation of the cashless…
- 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 Jun 2014
Johnson, Juwah Commend DigitalSENSE Africa on IG4D, IPv6 2014
Mrs. Omobola Johnson, minister of Communication Technology, and Dr. Eugene Juwah, executive vice chairman (EVC) of the Nigerian Communications Commission (NCC), have commended the management of…
- 13 Jul 2017
ALTON Raises Alarm, Says Telcos Face Difficulty in Traffic Obligations
Association of Licensed Telecommunication Operators of Nigeria (ALTON) has raised alarm over upheaval task and frustrations faced by the members to settle their international call termination…
- 9 May 2014
Western Union, Moneygram Hit Nigeria, Others with Charges
Western Union and Moneygram, the world's leading money transfer companies, have been accused of charging a premium of up to 12 per cent on remittances into Africa, according to a recently released…
- 6 Mar 2023
European Investment Bank Unveils Fibre Plan for 2.5m Africans
As efforts to close the gap on digital divide in Africa accelerate, European Investment Bank (EIB) has unveiled a bold plan to connect more than two million people in the Democratic Republic of the…
- 6 Aug 2013
Western Union, eTranzact Ink Agreement on PocketMoni
Western Union Company, a leader in global payment services, and eTranzact International plc, a multi-application and multi-channel electronic payment processing company, have announced the launch of…
- 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…
- 24 Mar 2026
Refining Without Relief: How Global Oil Wars, Market Structure, and Monopoly Risks Still Drive Fuel Prices in Nigeria
By Blaise Udunze The vision was bold. The expectation was clear. And the promise was powerful. When the Dangote Refinery began operations, it was hailed as Nigeria’s long-awaited escape from decades…
- 4 Dec 2014
5 Festive Season Online Shopping Checklist From DHL Perspective
In the lead up to the festive season, consumers are increasingly turning to online shopping portals instead of visiting physical stores. Oliver Facey, vice president, Operations for DHL Express Sub…
- 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…
- 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…
- 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,…
- 18 Mar 2022
ITU says Africa Paying More for Broadband Services
Africa paid more than three times the global median price for mobile broadband services, and over five times the global median for fixed broadband last year. A new study by the International…
- 29 Sept 2016
Digital Migration Inspired Eutelsat's MultiChoice Africa Deal – Benn
Rodney Benn, Vice President of International Key Accounts for Eutelsat in English West Africa, said that Eutelsat Communications and MultiChoice Africa's signature of a nine-year contract for the…