MasterCard announces new payment app

MasterCard has announced the roll out of the Identity Check Mobile, a new payment technology application that uses biometrics, including fingerprint and facial recognition,...

ACCA boosts finance professionals with Synergy Professionals approval

In an effort to enhance finance professionals, the Association of Chartered Certified Accountants (ACCA) has given Synergy Professionals the Platinum ALP certificate to...

Separated staff were adequately compensated – Heritage Bank

Heritage Bank has said that it is restructuring its workforce, but it is also “adequately compensating” affected members of staff. The bank, which sacked...

Sterling Bank splashes N80m on customers in cash reward promo

Sterling Bank recently made 12 of its customers millionaires with a total amount of N80million in its cash reward promo. Other winners also emerged in...

FirstMobile app raises daily transactions limit to N1m

   First Bank of Nigeria has announced increased transaction limits on its FirstMobile Lifestyle app to a maximum daily limit of N150,000 without the use...

Ecobank Nigeria on path of market leadership – CEO

The Managing Director, Ecobank Nigeria, Charles Kie, has said the lender is on the path of attaining market leadership. According to him, “with our bank-wide...

FG sells N173bn Treasury bills at steady yield

The Central Bank of Nigeria (CBN) sold N172.85 billion ($550 million) treasury bills on Wednesday with yields unchanged from the previous auction, held in the third...

Naira slides to 489/$1 at parallel market

The  Naira yesterday depreciated marginally to close at 489 or 490 per US dollar, against N487 to a dollar it sold on Wednesday, with customers getting the higher...

Naira appreciates to N487/$1 at parallel market

The Naira yesterday appreciated by N3 to close at N487 per US dollar from Tuesday’s N490, having traded for 495 per dollar last Friday...

Nigeria’s e-payment system awaits new regime

The Nigerian electronic payment system will in the next few months welcome a new pricing policy, as the Central Bank of Nigeria (CBN) has...