BANKING

Banks alerts Customers on closing date for Naira-4-dollar Scheme - Deposit Money Banks have informed customers that the Central Bank of Nigeria’s ‘Naira-4-dollar scheme’ will end on May 8. This is...

CBN introduces new charges for USSD services - The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services. The apex bank said...

N42b USSD debt: CBN, NCC, others to meet in Abuja - The Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC), telecommunication firms as well as banks are scheduled to meet...

CBN directs banks to adopt contactless scan-to-pay system: The Central Bank of Nigeria (CBN) has asked Deposit Money Banks (DMBs) to commence the adoption of the contactless payment service option. The...

Non-interest Jaiz Bank grows earnings by 33% - Nigeria’s premier non-interest bank, Jaiz Bank Plc recorded strong performance in 2020 with 33 per cent growth in the top-line and the bottom-line....

AVON, UBA partner on health plans for children - Avon Healthcare Limited has partnered the United Bank for Africa (UBA) Plc to develop unique health plans for children. The new healthcare...

Polaris Bank begins ‘Naira 4 Dollar’ payments - Polaris Bank has commenced implementation of the Central Bank of Nigeria’s (CBN) ‘Naira 4 Dollar Scheme’ under which recipients receive N5 for every...

Expert warns of looming economy crisis FG stops telcom firms from blocking USSD services over Banks N42bn debt - The Federal Government on Sunday directed telecommunication companies to suspend the planned...

Telcos To Block Millions From Mobile Banking Over Banks Debt - Telephone companies in Nigeria have threatened to suspend USSD services over indebtedness by banks. Millions of Nigerians use the shortcode...

FCMB Introduces Paperless and Cardless Transactions at Branches, ATMs and POS Terminals - Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just...