Unending bank customers’ rip-off over failed transactions
Five months after a new Central Bank of Nigeria (CBN) directive to banks to ensure a speedy and timely reversal of funds arising from failed transactions...
ABCON sets N250/$ exchange rate agenda for Buhari
The Association of Bureaux de Change Operators of Nigeria (ABCON) has set N250 to dollar exchange rate agenda for President Muhammadu Buhari in his second term in office.
What Really is TraderMoni?
The TraderMoni scheme of the Federal Government has generated a significant amount of buzz and national conversation: from those who laud its impact, and those who view it as politically motivated. TraderMoni is one of three microcredit products of the Government Enterprise and Empowerment Programme (GEEP). In this interview Chief Operating Officer of GEEP, Uzoma Nwagba explains how GEEP was a direct response to the challenge of access to funds for micro-enterprises, and financial inclusion.
Redefining micro lending with NCR’s N1.5 trillion loan portfolio
The signing into law of the bill for using movable assets as collateral, popularly known as Collateral Registry Act, precisely on May 30, 2017...
FSDH predicts over N2 trillion liquidity flow this month
Govt will incur more costs to contain money in circulation The financial system may experience increased flow of money in circulation to N2.33 trillion this month, courtesy of maturing government securities and distributions from Federal Accounts and Allocations Committee. Out of the expected amount, an estimated total outflow of approximately N644 billion from the various…
Underwriting firm rolls out health insurance scheme
NSIA Insurance Limited has unveiled a new international health product to the nation’s market, in its determination to ensure Nigerians...
‘We are growing Nigeria’s economy by encouraging people to save’
Osita Ede is the Head, Consumer and Liability Products, Diamond Bank Plc. He also served as the Head, Mass Market Segment in the bank between 2012 and 2017.
Sam Enrico Williams: From London to the world of blockchain
While growing up, if Sam Enrico Williams had known that his mum’s kitchen will be his instrument to being a multi-millionaire by designing one of the world leading cryptocurrencies with his twin brother, he would have stayed more in the kitchen. Born in the UK on September 15, 1979, Sam and his identical twin brother…