Money

STANBIC IBTC Bank Plc, has lunched the National Cash Register (NCR), Interactive Teller Machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours of the day.

ONE of Nigeria’s foreign exchange (forex) challenges, culminating in speculative attacks, wholesale round tripping and fallen value of the local currency, is the high level demand for foreign legal tenders.

A CALL has been made to the Governor of the Central Bank of Nigeria (CBN), to implement and audit its directive to all banks on reduction of Commission on Turnover (COT), as the charges are currently crippling Small and Medium Enterprises (SMEs).

Transfast has geared up the world of online remittances in Africa by partnering with major Nigerian banks such as First Bank, Ecobank, and Heritage Bank. It aims to ensure that Nigerian customers are able to easily receive financial assistance when necessary from their friends and families in the diaspora. Transfast’s Global Marketing Director, Jay Vix,…

The month of September marked the end of third quarter operations and a period of trickling statement of accounts, especially the banking industry. For many, the year has been characterized by headwinds and shocks in the operating environment.

UNITED Bank for Africa (UBA) Plc is set to rave up activities in Nigeria’s payments system landscape with the introduction of contactless payment cards.

STANBIC IBTC has expressed optimism over the efforts by the Federal Government to structurally transform the Nigerian economy, particularly in the agriculture sector, saying it would yield immediate benefit if the development model and value chain financing are adopted for sector.

THE assessed serial breaches of rules by major corporate establishments have put to the test the nation’s regulatory strengths and aggravating the already tensed investor confidence, with doubts over the integrity of Nigerian companies.

THE Association of Bureau De Change Operators of Nigeria (ABCON) has bared fangs over alleged triple-position taken by Travelex Nigeria in the foreign exchange (forex) market.

STAKEHOLDERS in anti-fraud functions in various banks will be hosted tomorrow by Access Bank Plc, with the theme: “Fraud Management– The Need for a Harmonised Approach.”

FIDELITY Bank Plc has stated that the development of Small and Medium Enterprises (SMEs) ‎is crucial for Nigeria’s quest to diversify the nation’s economy.

AS part of its commitment to make vacation and other forms of travel pleasant, affordable and easy, Skye Bank Plc has partnership with some leading travel agencies by providing travel financing.