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Tag: Bank

CBN new directive on bulk payment in banks, PSPs
BusinessFinance

CBN new directive on bulk payment in banks, PSPs

The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying…

Christina NgeneSeptember 8, 2021September 8, 2021
Banks, FINTECH companies in Nigeria to partner with EMTECH on CBDC, open banking
BusinessTech

Banks, FINTECH companies in Nigeria to partner with EMTECH on CBDC, open banking

EMTECH, GIC to work with banks in Nigeria on CBDC, Regulatory Sandbox Framework, and API & Open Banking. Central Banks’…

Christina NgeneAugust 17, 2021August 17, 2021
Card Limit On Customer Withdrawals and Spendings For Banks in Nigeria
Business

Card Limit On Customer Withdrawals and Spendings For Banks in Nigeria

In order to conserve foreign currency and to bypass settlements from debit card use abroad, banks in Nigeria are placing…

Christina NgeneSeptember 3, 2020September 3, 2020

Errand Service in Lagos, Nigeria

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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