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Bank Failure: NDIC Assures Nigerians Of Safety Of Deposit

The Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even in unlikely event of bank failure. Dr Kabiru Katata, Director, Research Policy and International Relations Department of NDIC, said this on…

Alleged N206bn Budget Padding: Arrest Finance Minister, HURIWA Tasks EFCC

Cautions EFCC against naming government officials as ‘ambassadors’ since EFCC isn’t chieftaincy awarding institution: Prominent civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Monday, tasked the Economic and Financial Crimes Commission to arrest or invite for…

Northern Patriots Urge Buhari To Disregard Calls For Sack of Emefiele Over Naira Redesign

… Wants CBN To Make Redesigned Naira notes Expirable On Given Date An amalgamation of patriots in Northern Nigeria under the aegis of Coalition Of Northern Patriots For National Reorientation has called on President Muhammadu Buhari to ignore calls for…

Value Financing Will Spur Growth of Payment Ecosystem

Africa’s leading Integrated payments and digital commerce company, Interswitch, has restated its commitment to continue supporting customers to meet urgent needs through its technology-driven lending solution called Value Financing. The Value Financing solution is designed to provide customers with credit…

Retail Banks Recognize Need To Invest In ESG Initiatives – BCG Banking Report

As interest in sustainability continues to rise over the years, and concerns over climate change have become decision drivers for customers, investors, and policymakers, retail banks are responding by building sustainability into their digital transformation programs. Three-quarters of retail banks…

Stanbic IBTC Wins Multiple Awards at 5th FMDQ Gold Awards

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has won four awards at the recently concluded 5th Annual FMDQ GOLD Awards Ceremony held at Eko Hotel and Suites, Lagos. The company was recognized for its significant performance…

Major Israeli Bank Turns to Stanchion for Secure Payment Environments, HSM Migrations

Stanchion Payment Solutions, which was established in 2001, with offices in Australia, South Africa, the UK, Middle East and the USA, has successfully completed HSM migration for one of Israel’s top three banks. The bank has migrated from ARX hardware…

Why EFCC Should Swiftly Probe Emefiele’s Alleged Ownership of Titan Trust Bank – HURIWA

Civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Monday, urged the Economic and Financial Crimes Commission (EFCC) to probe the Governor of Central Bank of Nigeria, Godwin Emefiele, over his alleged ownership of two-year-old Titan Trust…

Agege Bread Easter Ad: Criticisms, Sanction Dwarf Sterling Bank Apology

Following offensive Easter advert by Sterling Bank in which the bank likened the resurrection of Jesus Christ to Agege bread, the bank has apologised, however, the apology has continued to be dominated by anger and rage by those who pained…

MAAN Commends Unity Bank For Supporting Maize Farmers

Nigerian maize farmers under the auspices of Maize Farmers Association of Nigeria (MAAN), have commended Nigeria’s agric-focused lender, Unity Bank Plc for its role in facilitating the financing of maize production by smallholder farmers in the country through the Anchor…

Mosul Bank Selects CR2’s BankWorld to Accelerate Digital Banking in Iraq

Mosul Bank has selected CR2, one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. This latest win for CR2 will see Mosul Bank offering…