4 days ago
FintechNGR, the umbrella body for fintech players, pioneer and Fintech Association in Africa has canvassed support for the burgeoning ecosystem in Nigeria.
The House of Representatives on Wednesday mandated the Committee on Public Accounts to investigate revenue leakages through the Remita platform and non-compliance by revenue-generating agencies of the government on standard operating procedures and other allied service level agreements signed among deposit money banks, office of the AGF, Systemspec, Nigeria Interbank Settlement System (NIBSS), and the Central Bank of Nigeria (CBN).
The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market.
The rise in electronic fraud could be amongst one of the contributing factors – is your account also at risk?
Shareholders have lamented the rising unclaimed dividends in the capital market currently put at N190 billion, stating that unless the parties involved in the processing of the claims adopt robust technology infrastructure that would enable investors to process their unclaimed dividend at the comfort of their homes, the menace may not be eliminated in the capital market.
Tensions are escalating faster than the public can guess in the financial circle as the determination of the current administration to bring to book, those found wanting in the past nine years under the leadership of Godwin Emefiele...
Efforts by the Securities and Exchange Commission (SEC) to tackle rising unclaimed dividends in the nation’s capital market have continued to hit the wall, necessitating the Nigerian Exchange Limited (NGX) to deploy measures to check the trend.
The silence of the Central Bank of Nigeria (CBN) on the trillions of naira it mopped from the financial system continues to cast doubt on the possibility of achieving sufficient naira circulation in the near term, after Monday night’s directive urging banks to comply with the Supreme Court ruling extending the validity of the old banknotes...
Contrary to claims that the Central Bank of Nigeria (CBN) policy on naira redesign will deepen electronic transactions in the country, February data from the Nigeria Inter-Bank Settlement System (NIBSS) may have shown otherwise.
The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have unveiled Nigeria’s first National payment card named AfriGo.At the virtual unveiling yesterday, the CBN Governor, Godwin Emefiele...
Statistics from the Nigeria Inter-Bank Settlement System (NIBSS) have revealed a 53 per cent rise in the values of bills paid online, otherwise known as E-Bills.